Inflation data and Fed speakers drive market sentiment.

Bob Iaccino of Path Trading Partners breaks down the morning's market action, noting strength across equity futures while the Dow remains near the flat line. He highlights commodity moves, including gold, silver, and copper gains, alongside an OPEC+ decision to raise output targets. Iaccino also previews the New York Fed's consumer inflation expectation report, explaining its potential impact on consumer spending and market sentiment. Plus, he discusses Fed Governor Christopher Waller's upcoming remarks and looks ahead to key U.S. and global economic data.