MORNING MINUTE MAY 26th EQUITIES, FUTURES & OPTIONS

] Morning everyone. Darren at Leviathan Financial. So it looks like we’re gonna have a deal on the debt ceiling. That’s everything that seems to be coming out, uh, that’s given confidence to the market as we continue a rally. Uh, see the s and p will come in up 42 this morning, looking to get back above that 4,200 area.
Uh, But today, watch out. You have some important numbers coming out. The Fed’s favorite gauge of inflation, the PCE Core PCE index. Uh, these will be good indicators. The Fed has spoken all week, how. We are data dependent as to whether or not we’re gonna raise rates to the next meeting. Uh, not so long ago it was talk of cutting almost imminently, and we are still pricing in cuts towards the end of the year.
But for now, uh, these numbers will help the, uh, the Fed decide whether or not their next move is gonna be up.Uh, anyway, uh, for most of us, it’s a good long weekend. So to everybody, good luck trading and have a great weekend.