December S&P 500 E-Mini futures are up +0.59% after U.S. inflation data release, with CPI rising 0.3%. Rate futures predict a 98.9% chance of a 25 basis point rate cut. Positive corporate news boosts U.S. equity futures, with Intel up +5% and Ford Motor up +4% pre-market. White House confirms Trump-Xi meeting.

Wall Street ends green, Dow Inc. surges nearly +13%, energy stocks rise with WTI crude up +5%. Honeywell International advances +6%, Molina Healthcare tumbles -17%. U.S. existing home sales rise +1.5% in September, in line with expectations.

Preliminary U.S. purchasing managers’ surveys and U.S. Consumer Sentiment Index figures are anticipated. Notable companies like Procter & Gamble, HCA Healthcare, and General Dynamics are set to release quarterly results. U.S. government shutdown continues with no resolution in sight.

Euro Stoxx 50 Index down -0.18%, erasing gains. Eurozone business activity picks up in October. U.K. monthly retail sales unexpectedly rise. Saab AB raises full-year sales guidance, Natwest Group Plc posts 30% increase in Q3 operating profit. Norsk Hydro ASA misses earnings estimates.

China’s Shanghai Composite Index closes up +0.71%, Japan’s Nikkei 225 closes up +1.35%. China hits 10-year high, focusing on tech self-reliance. Japan’s core inflation accelerates, manufacturing sector contracts. Finance Minister emphasizes importance of U.S.-Japan relations.

Pre-market U.S. stock movers: Intel climbs over +8%, Ford Motor up +4%, Alphabet gains over +1%, Nextracker jumps more than +13%, Deckers Outdoor plunges over -11%. Today’s U.S. Earnings Spotlight includes Procter & Gamble, HCA Healthcare, General Dynamics, and more.

Read more at Yahoo Finance: U.S. Inflation Eases to 3% in September, Strengthening Case for Fed Rate Cut