Treasury Secretary testifies today.

Bob Iaccino looks at early market action, with U.S. equities trending mostly higher while Russell futures lag. He covers Treasury Secretary Scott Bessent's scheduled testimony before the U.S. House Financial Services Committee, focusing on tax cuts, inflation, and federal debt. Iaccino also breaks down expectations for the start of the FOMC meeting, with markets anticipating a rate hike, before reviewing the slate of upcoming global economic data and earnings reports.