S&P 500 futures flat as Fed looms; Big Tech earnings & record highs fuel optimism. Gold climbs.
S&P 500 hits record high; Fed decision looms. Tech earnings from MSFT, META, TSLA on deck. UNH dumps 20%.
Nikkei 225 futures show mixed action, with some contracts up 310 pts. Watch volume shifts and open interest.
US GDP surges 5.4% but sentiment hits 2014 lows. K-shaped economy: wealthy gain from AI boom, others struggle with inflation.
Bank of England Governor Bailey said post-GFC reforms have strengthened bank resilience but warned risks are shifting to non-banks, private credit and technology, arguing financial stability remains the foundation for sustainable growth.
Trump said he’ll sign a bill to allow year-round E15 gasoline sales without delay. E15 is often restricted in summer by fuel-volatility rules; a recent funding-bill fix fell through.
The dollar fell to a four-year low as Trump brushed off the decline, reinforcing expectations of a weaker currency. Trade threats, shutdown risks and Fed independence concerns added pressure ahead of the Fed meeting.
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