US equities set for a bounce-back day

  • S&P 500 futures up 31 points
SPX futures
SPX futures

There's an ugly three-candle reversal on the S&P 500 chart but the futures market is looking to erase that today with a 31 point gain ahead of the opening bell. Strong earnings from Crowdstrike, dip buying and AI excitement are tough to snuff out.

Powell kept rate cuts on the table and so on we go.

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