Here’s what you need to know to navigate the markets today.
• U.S. stocks are set to open Monday slightly higher. On Sunday night, Dow Jones Industrial Average futures had gained 78 points, or 0.2%, while the S&P 500 futures rose 0.2% and Nasdaq Composite futures rose 0.15%. This week’s earnings include: Oracle and Mission Produce on Monday; FuelCell Energy and European Wax Center on Tuesday; and Progressive and Manchester United on Friday. Notable economic events this week include: On Monday, the Treasury Department releases the U.S. budget statement for August. On Tuesday, Apple will hold its virtual product launch, at which it is expected to introduce the iPhone 13; the Bureau of Labor Statistics releases the August consumer price index; and the National Federation of Independent Business will report its Small Business Optimism Index for August. On Thursday, the Census Bureau reports retail sales for August. And on Friday, the University of Michigan publishes its Consumer Sentiment index for September.
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