S&P Futures are displaying an aggressive leg higher this morning. After a failed rally yesterday, stocks are back in the green as markets across the globe push higher due to yesterday FOMC announcement. This morning, we have the Jobless Claims and Housing data due out. After the bell today FDX, LEN and MLKN are scheduled to release earnings. Boeing is making moves to preserve cash as strike talks stall. The SEC approved a change to market rules to allow many stocks to be quoted in 1/2 cent increments. In Europe, markets are displaying a strong move higher with gains in autos, basic resources and tech, Oil prices are gaining this morning.

S&P Futures are positive this morning and are likely to remain in a holding pattern until this afternoon Fed Announcement. The size of the cute, the Dot Plot & Powell's Press Conference will be in focus today. Additional monetary policy meeting this will include Thursdays BOE meeting and Friday's BOJ meeting. The Biden administration is moving forward with its tariff plans on shipments valued under $800. CRWD is holding an investor briefing today at 2:00 pm. JP Morgan has entered into talks with AAPL over its credit card business. In Europe, markets are in the red this morning with weakness in healthcare, tech & luxury stocks, Oil prices have turned lower as stockpile estimates came in with a build.

S&P Futures are displaying a strong move to the upside this morning as expectations increase to 0.68% for a 50-basis point rate cut from the Fed Reserve tomorrow. August Retail Sales report is due out before the bell today. INTC is leading the DJIA higher after announcing a deal to provide custom chips to AMZN web services. MSFT is gaining as their board announced a $60B share buyback. A U.S. trade delegation is in route to China for talks over the recent wave of Chinese imports. Tomorrows Fed announcement is the key, pending catalyst event. After the Wednesday announcement, the focus will turn to the spending bill that is being held up in Congress. In Europe, markets are displaying gains with positive action in autos, basic resources and luxury stocks, Oil prices have turned lower with demand in focus.