Oil's back above $96. Futures are wobbly. FOMC starts today. Here's what he's watching.
| Brandon Chapman is going live at 8:45 AM ET to break down what's happening in the market right now — and what it means for today's trading. | Here's the setup: | Oil just bounced back above $96 after yesterday's brief dip. Middle East tensions are keeping supply risk front and center, and energy markets are driving the broader tone. | Futures are slightly red — down 0.1% to 0.4% across the major indices after yesterday's solid rally. The market's trying to digest higher oil, rising Treasury yields, and the fact that the FOMC meeting starts today. | The Fed decision drops tomorrow. No one expects a rate cut. In fact, with oil spiking and inflation concerns back in play, the market's pricing OUT near-term cuts entirely. | Gold's hanging near $5,000. Bonds are under pressure. The dollar's firmer. And energy stocks are the only clear winners in pre-market action. | Brandon's going to walk through: | What levels matter on the S&P and Nasdaq going into the open How to trade around the oil rebound and geopolitical volatility What the FOMC setup means for the rest of the week The setups he's watching for today
| ⇒ Watch Live at 8:45 AM ET | See you there. | — TheoTrade | | |
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