CPI ahead; more banks to report; ASML earnings - what’s moving markets

What happened: U.S. stock futures were mostly higher as traders awaited monthly CPI data and a new batch of bank earnings. Bank of America, Morgan Stanley, and BlackRock were due to report, while ASML raised its annual forecast. Key numbers: Dow futures +121 points (0.2%), S&P 500 Why it matters: The CPI print could shape the path of Fed rate policy, with bets rising that rates stay unchanged in October and a hike still anticipated in December. Vital Knowledge flagged a fear that conditions are as good as they will get for banks, while ASML's outlook points to resilient AI chip demand. Market: -3.9% today ($1,650.00), +42.3% YTD, 1.9x vol — as of 22:46 UTC Coverage: 5 outlets in 24h

U.S. stock futures were mostly higher as traders awaited monthly CPI data and a new batch of bank earnings. Bank of America, Morgan Stanley, and BlackRock were due to report, while ASML raised its annual forecast.

The CPI print could shape the path of Fed rate policy, with bets rising that rates stay unchanged in October and a hike still anticipated in December. Vital Knowledge flagged a fear that conditions are as good as they will get for banks, while ASML's outlook points to resilient AI chip demand. Market: -3.9% today ($1,650.00), +42.3% YTD, 1.9x vol — as of 22:46 UTC