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S&P 500 futures saw a slight increase as traders anticipate the upcoming jobs report to positively influence market sentiment. Wall Street experienced a recovery with retreating Treasury yields, while Asian markets showed mixed performance. Oil prices remained above $100, and the dollar held near a 17-month high. The p
EXECUTIVE SUMMARY * MNI FED: Gov Barr: Base Case Is For Further Hikes: #83aa171c-7fc4-49fd-82f5-351bcb071d96 * MNI IRAN: Security Chief Says In No Rush To Negotiate: #5df7e2ac-e490-4920-91fd-84069fe559a3 * MNI IRAN: Pezeshkian Talks On Nuclear, Hormuz & US Stance In UN Address: #c9b6854d-8cab-47cb-8646-ce411062279c * M
HIGHLIGHTS * Gov Barr (permanent FOMC voter)'s speech Tuesday is primarily on the longer-term outlook for the housing sector, but importantly he notes that his "base case" is for "further policy adjustments" (plural) * Iranian security chief Rezaii via Irib: "Iran has not been in a hurry to negotiate; today, Iran's con
U.S. stocks are higher in early trade as triple witching approaches, oil falls and investors focus on rate-cut hopes. The piece also cites stronger AI-related money flows, softer housing data and mixed macro prints.
U.S. stock futures were slightly higher early Friday as investors awaited the August employment report, unemployment rate and average hourly earnings data at 8:30 a.m. ET.
The US Consumer Price Index rose 3.4% year-over-year in July, down from June's 3.5% increase