September S&P 500 E-Mini futures (ESU24) are trending up +0.04% this morning as market participants looked ahead to key U.S. retail sales data and quarterly reports from more big banks.
In yesterday’s trading session, Wall Street’s main stock indexes closed higher, with the benchmark S&P 500 and blue-chip Dow posting new record highs. Trump Media & Technology Group (DJT) soared over +31% after a failed assassination attempt on former President Donald Trump on Saturday evening potentially boosted his chances of winning the presidential election in November. Also, Apple (AAPL) closed up more than +1% at a record high after Morgan Stanley named the stock as a “Top Pick” with a price target of $273. In addition, Goldman Sachs (GS) gained over +2% as upbeat Q2 results overshadowed plans to moderate the pace of buybacks. On the bearish side, Macy’s (M) tumbled more than -11% after the department store chain announced that it had ended buyout discussions with Arkhouse Management and Brigade Capital Management.
