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Barchart
Barchart
Oleksandr Pylypenko

S&P Futures Tick Higher With Focus on U.S. Retail Sales Data and Trump-Putin Meeting

September S&P 500 E-Mini futures (ESU25) are trending up +0.17% this morning, bolstered by continued hopes for a Federal Reserve rate cut next month, while investors await U.S. retail sales data and high-stakes talks between U.S. President Donald Trump and Russia’s Vladimir Putin.

In yesterday’s trading session, Wall Street’s major indices closed mixed. Tapestry (TPR) plunged over -15% and was the top percentage loser on the S&P 500 after the fashion-brand company issued below-consensus FY26 EPS guidance. Also, Deere & Company (DE) slumped more than -6% after the agricultural and construction equipment maker cut the upper end of its full-year net income guidance. In addition, Cisco Systems (CSCO) fell over -1% after the computer networking company gave a cautious full-year forecast. On the bullish side, Eli Lilly (LLY) rose over +3% after the drugmaker announced it would raise the list price of its Mounjaro weight-loss treatment in the U.K. by as much as 170%.

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