S&P Futures Climb on Fed Rate-Cut Optimism, More Big Bank Earnings on Tap
On the trade front, U.S. President Donald Trump said on Tuesday that Washington was considering ending certain trade relations with China, including the purchase of cooking oil. At the same time, U.S. Trade Representative Jamieson Greer said tensions with China over export controls are likely to ease following talks between officials from both nations.Meanwhile, U.S. rate futures have priced in a 95.7% chance of a 25 basis point rate cut and a 4.3% chance of no rate change at the October FOMC meeting.Boston ...