Wall Street futures are up this morning, with S&P 500 E-Mini futures rising by 0.34% and Nasdaq 100 E-Mini futures up by 0.42%. In yesterday’s trading, major indexes closed higher, with Keysight Technologies and Applied Materials among the top gainers. Economic data showed weaker-than-expected retail sales and consumer confidence in the US, while job losses accelerated. US rate futures indicate an 80.8% chance of a Fed rate cut in December. In Asian markets, China’s Shanghai Composite Index closed down, while Japan’s Nikkei 225 closed higher. Deere & Company will report earnings today.

Read more at Barchart: Stock Index Futures Gain on Fed Rate-Cut Optimism, U.S. Economic Data on Tap