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Barchart
Barchart
Oleksandr Pylypenko

Stocks Muted Before the Open as Investors Await U.S. Retail Sales Data, Netflix Earnings on Tap

September S&P 500 E-Mini futures (ESU25) are up +0.05%, and September Nasdaq 100 E-Mini futures (NQU25) are up +0.13% this morning, pointing to a muted open on Wall Street after yesterday’s volatile session, with attention now turning to U.S. retail sales data and an earnings report from streaming giant Netflix.

U.S. President Donald Trump said in an interview aired on Real America’s Voice on Wednesday that the U.S. is very close to finalizing a trade deal with India, while a deal with Europe is also possible, though it is too early to determine whether an agreement can be reached with Canada. Earlier on Wednesday, President Trump stated that he would send letters to over 150 countries informing them of tariff rates, with the imposed levies potentially set at 10% or 15%. “We’ll have well over 150 countries that we’re just going to send a notice of payment out, and the notice of payment is going to say what the tariff” rate will be, Trump told reporters.

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