Dow & S&P 500 Futures Climb as Traders Eye Retail Data—Rate-Cut Hopes Fade
Wall Street's waiting game heats up as futures inch higher—everyone's glued to retail numbers after the Fed poured cold water on those sweet, sweet rate-cut dreams.
The Setup:
Markets are holding their breath. Again. Dow and S&P 500 futures tick upward, but it’s the retail data drop that’ll decide whether this rally has legs or just another dead-cat bounce.
The Punchline:
Traders spent last week high on hopium (thanks, Fed whispers), only to get rug-pulled. Now? It’s back to fundamentals—because apparently, ‘data-dependent’ wasn’t just a buzzword after all.
The Cynic’s Corner:
Nothing says ‘healthy market’ like hanging every rally on central bank charity. Retail numbers better deliver—or prepare for the classic ‘buy the rumor, sell the news’ tango.
