What matters today
The morning's news in three lines: what traders are talking about before the open, and why it could move prices. The lines are written by AI from the headlines further down; each one links to the stories it draws on.
The calendar
Scheduled economic reports, times in Eastern. Before each one, economists publish their average forecast, the consensus: it's the line. Prices already reflect it, so markets move on the gap between the actual number and the consensus, not on the number itself.
Earnings
Big companies report their quarterly results either before the 9:30 a.m. open or after the 4 p.m. close. One giant's numbers can move its whole industry, and the index futures with it.
The levels
Futures are contracts to buy or sell a stock index at a set price on a later date. They trade almost around the clock, from 6 p.m. ET to 5 p.m. the next day, so they show where the market is leaning before the stock exchanges open. The prices below are the ones traders mark on their charts: the last regular session's high, low and close, and the overnight range. They are reference points, not predictions or signals.
The headlines
The market stories the brief ranked highest, each linked to the outlet that ran it. The numbers match the links in the summary above.
Read this first. The Morning Line is general information for education. It is not investment advice or a recommendation to buy or sell anything. Futures trading carries a risk of loss. Release times are the issuing agencies' published schedules; consensus and prior figures come from public economic calendars; prices are delayed futures data; headlines link to their publishers. Any of it may be delayed.