FactSet U.S. Daily Market Preview FactSet

US equity futures are indicating a mostly flat open as of 04:45 ET. This follows higher markets in Asia, while European equity markets are also higher. Equity markets are benefiting from no further escalation in Middle Eastern tensions. Some thoughts are the recent sell-off is more technical than fundamental. There is also ongoing focus on the Fed outlook, with a reduction in rate cut expectations remaining a talking point.
Companies mentioned: JD Sports Fashion, Hibbett, Novartis, SAP

US equity futures are indicating a higher open as of 04:45 ET. This follows higher markets in Asia, while European equity markets are also higher. Sentiment improving amid some tentative signs of easing in the Middle Eastern tensions. Iran continues to downplay the Israeli attack, suggesting no appetite to escalate the situation. The market continues to evaluate the Fed outlook. Some Fed officials warn of the potential for no rate cuts this year.
Companies mentioned: Express, NYSE, Unilever, Salesforce, Informatica

US equity futures are indicating a lower open as of 04:45 ET. This follows lower markets in both Asia and Europe, following escalation in the Middle-East overnight with reports of Israeli strikes on facilities inside Iran. However, much remains unclear, including what was struck and the extent of damage. Markets continue to pare back Fed easing expectations with futures pricing in 1-2 cuts and the first now not anticipated until September.
Companies mentioned: Paramount Global, Sony, Apollo Global Management, Meta, Apple, Google

US equity futures are indicating a higher open as of 04:45 ET. This follows higher markets in Asia, while European equity markets are also higher. Sentiment remains weighed down by hawkish repricing of the Fed rate path with futures now only pricing in 1-2 rate cuts in 2024. Some attention on US, Japan, and South Korea financial leaders' summit, where Treasury Secretary Yellen acknowledged counterparts' concerns over exchange rate depreciation.
Companies mentioned: Micron Technology, EasyJet, Nokia

US equity futures are indicating a higher open as of 04:45 ET. This follows mixed markets in Asia, while European equity markets are mostly higher. No change in the market drivers, as confluence of Fed policy repricing, risk aversion and elevated volatility continues. Markets are now pricing in less than 50 basis points of Fed easing this year amid the latest Fedspeak and data resilience.
Companies mentioned: Adidas, LVMH Moet Hennessy Louis Vuitton, Just Eat Takeaway.com

US equity futures are indicating a broadly flat open as of 05:00 ET. This follows sharply lower markets in Asia, while European equity markets are broadly weaker. Middle East tensions continue to weigh on risk sentiment. Bond yields continue to backup, continuing the recent hawkish repricing of the Fed rate outlook amid firmer US data. FX volatility is the other big market development, especially in Asia.
Companies mentioned: International Paper, DS Smith, Live Nation Entertainment, Microsoft, UBS