US Open

U.S. stocks are heading for a muted start as the dust settles on last week's inflation data and Federal Reserve interest rate decision. There is no high-impacting data today, so attention will be on tomorrow's retail sales data and Fed speakers for more clues about when the Fed could start cutting rates. Last week, the Fed pointed to one rate cut this year. However, the market is still pricing in two rate cuts.

US stocks are heading for a mixed open as the market continues digesting yesterday's Fed meeting. Policymakers lowered rate cut expectations to just one cut this year and did so after a slight weakening in monthly CPI. Today, data showed PPI fell in May, and jobless claims jumped. Meanwhile, the tech sector, lifted by chip stocks, is benefiting the S&P 500 and the Nasdaq 100 but not the Dow Jones.

S&P 500 rises to a new ATH after inflation cooled by more than expected in May. The data comes ahead to the FOMC rate decision, where the Fed is expected to leave rates unchanged but could downwardly revise the doy plot from 3 rate cuts this year to 2 or even 1 cut. Attention will also be on the updated projections and Fed Chair Powell's press- conference. A cautious tone could see stocks give back some of their gains.

US stocks are pointing to a lower start in jittery trade as the Federal Reserve's two-day monetary policy meeting begins. With no high-impacting data today, attention is firmly on tomorrow's CPI print and the FOMC decision a few hours later. The Fed is expected to leave policy unchanged so attention will be on the dot plot and projections. Separately, Apple's unveiling of its AI strategy received a lukewarm reaction from Wall Street.

US stocks are set to open modestly lower, extending losses from Friday, after the non-farm payroll smashed forecasts and raised doubts about a September Federal Reserve rate cut. The mood is cautious ahead of this week's US inflation data and FOMC meeting. Elsewhere the EUR is falling sharply after a surprise snap election in France. Apple is in focus ahead of the Developer's conference.

US stocks are falling lower after the stronger-than-expected non-farm payroll data raised questions over whether the Federal Reserve will be able to cut rates in September. The data comes after mixed data across this week and ahead of the US CPI and the FOMC rate decision next week. Oil prices are set to fall across the week after Sunday's OPEC+ meeting, which raised concerns over increased supply later in the week.

US stocks are heading for a muted open as investors digest more signs of weakness in the labour market ahead of tomorrow's non-farm payroll report. Jobless claims rose by 229k, and came after weaker-than-expected ADP payrolls and job openings earlier in the week. A cooling labour market could give the Fed more reason to cut rates sooner.

US stocks are set to rise after weak ADP payroll data fuels expectations that the Federal Reserve could start cutting interest rates sooner. Recent US data has surprised to the downside, pointing to a slowing economy as high rates bite. US ISM services PMI data is due shortly, and further weakness to help stocks closer to another ATH. Oil prices are hovering around a 4-month low on supply worries and a shaky demand outlook.

US stocks are opening higher after losses yesterday when fears over high interest rates for longer overshadowed Nvidia's impressive results. Fears that a strong US economy and sticky inflation could prevent the Fed from loosening monetary policy, combined with lower volumes ahead of the long weekend, could see gains limited.

US stocks point to a stronger open, with the S&P 500 and the Nasdaq100 set to reach record highs after Nvidia earnings smash forecasts, fueling an AI chip stock rally. The impressive earnings have overshadowed hawkish FOMC minutes, which showed policymakers were concerned about sticky inflation, and some even supported raising rates. Jobless claims were stronger than expected, consistent with a solid labour market. PMI data is up next.

US stocks are pointing to a weaker open as concerns over high interest rates for longer offset optimism surrounding Nvidia ahead of its Q1 earnings after the closing bell. Nvidia is expected to post a 242% rise in revenue and EPS of $5.17 vs $0.82 in the same period last year. The stock trades up 200% over 12 months, and strong earnings could power the next leg higher for the S&P 500. The minutes of the latest Fed meeting will also be in focus and could support the view rates must stay high for longer.

US stocks point to a modestly weaker open amid Fed rate cut uncertainty and ahead of Nvidia earnings tomorrow. Fed speakers have sounded cautious about cutting rates despite inflation cooling in April. The US economic calendar is quiet today. Attention will be on more Fed speakers ahead of tomorrow's FOMC minutes. Meanwhile, Macy's and Lowe's point to a stronger open after beating estimates.

US stocks point to a muted open after record highs last week, as investors look ahead to FOMC minutes and Nvidia earnings later in the week. Today's economic calendar is quiet; instead, the focus will be on several Fed speakers. Recent Fed officials have supported the view that rates need to stay high for longer to combat inflation.

US stocks head for a quiet open as the CPI-fueled rally runs out of steam. Several Fed speakers have warned that rates need to stay high for longer, and they want to see more evidence of inflation cooling before cutting rates. The Dow Jones remains below the key 40,000 level that it breached yesterday. There is no high-impacting data today. Attention will remain on Fed speakers.

US stocks pause for breath after yesterday's rally following cooler CPI data. While the data boosted rate cut optimism, NY Fed President Williams warned that more evidence of inflation cooling was needed in order to cut rates. Separately, Walmart is set to open sharply higher after beating earnings and revenue forecasts.

US stocks are rising, heading back towards record higher after US CPI data cooled for the first time in six months in April. US CPI rose 0.3% MoM in April, below the 0.4% rise forecast. US retail sales were also weaker than expected at 0%. The data sent treasury yields and the USD lower while boosting stocks. The meme-stock euphoria was also showing signs of cooling.

US stocks point to a mildly higher start despite hotter than-expected US PPI data ad amid signs that meme stock mania is having a revival. GameStop opened over 100% higher after rising over 70% yesterday. Federal Reserve Chair Jerome Powell will speak shortly.