A review of the recent price action in the e-mini SP500 futures contract.

Initial jobless claims tumbled back into their four year range after spiking the prior week.

The U.S. dollar briefly rallied after the Federal Reserve’s 25bps rate cut to a 4%–4.25% range, but retreated as markets anticipated further easing, with two more cuts projected for 2025.

Intel stock jumped 28% after Nvidia announced a $5B investment and partnership.