Overview
- Policymakers are widely expected to lower the federal funds rate by 25 basis points to 3.75%–4.00% on Oct. 29, with the ongoing U.S. government shutdown delaying some key data the Fed typically reviews.
- Microsoft, Alphabet, and Meta report Wednesday, followed by Apple and Amazon on Thursday, with investors watching AI guidance and revenue momentum from the mega‑caps that drive index performance.
- President Donald Trump and China’s Xi Jinping are set to meet Thursday at the APEC summit, and Treasury Secretary Scott Bessent described recent talks as constructive with a substantial framework under discussion.
- U.S. stock futures rose Sunday after all three major indexes closed at record highs Friday following cooler September inflation that reinforced expectations for further policy easing.
- Indian markets face a heavy slate of Q2 results and domestic macro releases, including CPI, WPI, and industrial production, which strategists say will steer local sentiment and flows.