David Mitchell

[David Mitchell @DavidMi63123067]

@RoKhanna @TroyJackson207 #me too!! Right Ro??????

[David Mitchell @DavidMi63123067]

The market is poised for a lower start, with S&P 500 futures trading 17 points below fair value. Treasury Secretary Bessent said countries that don't make trade deals by Aug. 1 will see tariff rates rise to April levels.

Read more in the Morning Brew. https://t.co/DKGPdiY6qG

[David Mitchell @DavidMi63123067]

The market looked past yesterday's ADP jobs report, but today's comprehensive report will no doubt stir the markets, given its rate cut implications.

The House advanced the "One Big Beautiful Bill" to a final House vote.

Read more in the Morning Brew. https://t.co/L3Iqk3gtzQ

[David Mitchell @DavidMi63123067]

The projected slower opening comes after yesterday's strong showing in which several mega-cap stocks pushed to new all-time highs, and in turn boosted the S&P 500 and NASDAQ Composite to record highs.

Read more in the Morning Brew. https://t.co/0F7CB5peeB

[David Mitchell @DavidMi63123067]

The Washington Post reports that the Senate is set to vote on the large reconciliation bill today, but there is still some inter-party disagreement on the bill, so immediate passage is not yet certain.

Read more in the Morning Brew. https://t.co/Dl4lGjIY31

[David Mitchell @DavidMi63123067]

On the news front, President Trump and China's Ministry of Commerce confirm they reached a consensus in principle on the framework for implementing Geneva consensus.

Read more in the Morning Brew. https://t.co/hq6kOFREx8

[David Mitchell @DavidMi63123067]

On the news front, The Wall Street Journal reported last evening that President Trump may nominate the next Fed Chair well before Chairman Powell's term ends in May 2026.

Read more in the Morning Brew. https://t.co/jxrG3Qpwmr

[David Mitchell @DavidMi63123067]

Equity futures have seen limited movement this morning, hanging onto their big gains from Tuesday. The overnight session did not cause any notable shifts in sentiment with the market remaining hopeful that the Israel-Iran ceasefire will hold.

Read more. https://t.co/1YvXbngSr5

[David Mitchell @DavidMi63123067]

Equity futures reflect some optimism about the ceasefire agreement between Israel and Iran, though both sides have violated the ceasefire already. Capital markets, do not seem worried that this will lead to an escalation in the conflict.

Read more here. https://t.co/WycbgTVSN6

[David Mitchell @DavidMi63123067]

Equity futures slumped Sunday evening in reaction to news that the U.S. struck Iranian nuclear facilities over the weekend, but the opening drop was followed by a steady rebound that erased the bulk of the initial weakness.

Read more in the Morning Brew. https://t.co/spnUOYSDHt

[David Mitchell @DavidMi63123067]

Indications point to a subdued start after the holiday closure. Geopolitical concerns that dominated earlier, are now moving to the backburner after POTUS said he would decide in the next two weeks whether to strike Iran or negotiate.

Read more here. https://t.co/ik0NIj5iAc

[David Mitchell @DavidMi63123067]

The stock market is on course for a lower start with futures on the S&P 500 trading 29 points below fair value.

Read more in the Morning Brew. https://t.co/i1lg5s6G8i

[David Mitchell @DavidMi63123067]

Equity futures are recovering some of their losses from Friday after the weekend saw a continuation of the Israel-Iran conflict, but without indications of direct involvement from the U.S.

Read more in the Morning Brew. https://t.co/kwWRt8Jdfp

[David Mitchell @DavidMi63123067]

There is a risk-off tone following the news that Israel launched
airstrikes on Iran's nuclear facilities that killed several top military
leaders and nuclear scientists. The U.S. said it had no direct
involvement in those strikes.

Read more. https://t.co/Z1HN7n0MKW

[David Mitchell @DavidMi63123067]

Follow-through selling today, on the heels of yesterday's soft finish that was influenced by festering trade concerns and geopolitical angst, is being attributed to many of the same factors.

Read more in the Morning Brew. https://t.co/e2cS3oMHtd

[David Mitchell @DavidMi63123067]

he weakness comes in the wake of Commerce Secretary announcing that the U.S. and China have reached a framework agreement to implement the Geneva consensus. What wasn't announced were any specific details of this framework agreement.

Read more. https://t.co/LvqWDwTcda

[David Mitchell @DavidMi63123067]

Not much conviction in early going as market participants wait on details from the U.S.-China trade talks, which have extended into today. President Trump said he has been getting good reports but that "China's not easy."

Read more in the Morning Brew. https://t.co/XKLUh4Lck0

[David Mitchell @DavidMi63123067]

The stock market is poised for a modestly higher open. Currently the S&P 500 futures are up 11 points, the Nasdaq 100 futures are up 25 points, and the Dow Jones Industrial Average futures are up 58 points.

Read more in the Morning Brew. https://t.co/qjuwD7FH0z

[David Mitchell @DavidMi63123067]

Equity futures sport early gains after yesterday's volatile showing on Wall Street, which were underscored by headlines pertaining to trade negotiations with China and tensions between President Trump and Elon Musk.

Read more in the Morning Brew. https://t.co/qzHug1xhuV

[David Mitchell @DavidMi63123067]

The stock market is on course for a flat start after a subdued night in global equity markets with futures on the S&P 500 trading in line with fair value. There is a continued focus on trade policy.

Read more in the Morning Brew. https://t.co/sPQL9Ikbj9