June S&P 500 E-Mini futures (ESM25) are up +0.98%, and June Nasdaq 100 E-Mini futures (NQM25) are up +1.05% this morning, signaling a rebound from yesterday’s sell-off on Wall Street, while investors await comments from Federal Reserve officials and a raft of corporate earnings reports, with a particular focus on results from “Magnificent Seven” member Tesla.
Investors also remain focused on trade talks. The U.S. said it has made “significant progress” toward a bilateral trade agreement with India following talks between Vice President JD Vance and Indian Prime Minister Narendra Modi on Monday. At the same time, Thailand said that ministerial-level talks that were scheduled for this week have been postponed.
