#FOMCMeeting Pre-market futures are up this morning, following two down-days that worked off some of the stock market gains we saw late last week. But we’re currently off early-morning highs, with major indexes all pointing lower at this hour. The Dow is +180 points right now, the S&P 500 is +16, the Nasdaq +36 points and the small-cap Russell 2000 +14.

Market participants remain hopeful that trade tariff de-escalation measures are ongoing. This is one big reason for the market having come back from the depths of despair a month ago, before the pause on the tariff measures was enacted. Now it's merely a matter of waiting for positive sentiment on global trade to manifest itself in a new set of (presumably advantageous) trade procedures