The Latest Breaking News from Chris Larkin

Fiscal policy in the Far East and foreign policy in the near west send markets all over the world into a selling frenzy.

December S&P 500 E-Mini futures (ESZ25) are down -0.06%, and December Nasdaq 100 E-Mini futures (NQZ25) are down -0.14% this morning as investors exercise caution ahead of the release of the key U.S. jobs report, which will offer clues on the Federal Reserve’s policy path next year.

September S&P 500 E-Mini futures (ESU25) are up +0.24%, and September Nasdaq 100 E-Mini futures (NQU25) are up +0.30% this morning, extending a rebound driven by bets on Federal Reserve interest rate cuts and solid corporate earnings.

The July Fed meeting came and went, with Fed Chair Powell saying little about a September rate cut and President Trump.

Markets are forward-looking mechanisms, and it's good when price action shows there's a future to look forward to.

Constructive trade war talks and improving consumer expectations are a healthy combination for financial markets.

Solid first-quarter earnings suggest fundamentals remain solid, and recent price action is encouraging too.

Consumer discretionary stocks led the 11 S&P 500 sector groups well into the green.

The White House said alcohol imports from the European Union could soon face tariffs of 200%.