September S&P 500 E-Mini futures (ESU24) are trending up +0.05% this morning as market participants looked ahead to the release of the Federal Reserve’s June policy meeting minutes while also gearing up for a slew of U.S. economic data to gain insights into the policy outlook.
In yesterday’s trading session, Wall Street’s major indices closed higher. Tesla (TSLA) surged over +10% and was the top percentage gainer on the S&P 500 and Nasdaq 100 after reporting stronger-than-expected Q2 vehicle deliveries. Also, Paramount Global (PARA) climbed more than +5% after the New York Times reported that billionaire Barry Diller was considering making a bid to take control of the company. In addition, Bank of America (BAC) gained over +2% after Seaport Global Securities upgraded the stock to Buy from Neutral with a price target of $48. On the bearish side, CrowdStrike Holdings (CRWD) fell more than -1% and was the top percentage loser on the Nasdaq 100 after Piper Sandler downgraded the stock to Neutral from Overweight.
