STOCKS – Earnings and U.S. monetary policy have become the main drivers of market sentiment this week. That’s giving respite from a backdrop of worsening trade relations between the world’s biggest economic powers.
BONDS – The yield on 10-year Treasuries declined less than one basis point to 2.85 percent.
COMMODITIES – West Texas Intermediate crude fell 0.2 percent to $67.95 a barrel, the lowest in almost four weeks.
CURRENCIES – The New Zealand dollar jumped after the central bank’s core inflation measure accelerated at the fastest pace in seven years.
ECONOMIC DATA – U.S. Capacity Utilization Rate due at 9:15 and Fed Chair Powell Testifies at 10:00 ET.