S&P Futures Tick Higher Ahead of FOMC Meeting, Oil’s Climb Raises Inflation Concerns

Published by

December S&P 500 futures (ESZ23)are trending up +0.12% this morning as market participants geared up for a big week for central banks, with the spotlight on the Federal Reserve’s interest rate decision on Wednesday. In Monday’s trading session, Wall Street’s major averages closed just above the flatline. Apple Inc (AAPL) rose over +1% on optimism regarding robust pre-orders for the company’s latest iPhone 15. Also, Alteryx Inc (AYX) climbed more than +4% after Morgan Stanley upgraded the stock to Overweight from Equal Weight. On the bearish side, Tesla Inc (TSLA) fell over -3% and was among th…

Read More