Packed week: midterms, Fed, data and earnings
Traders are bracing for the midterms, ISM, refunding, BoE, NFP and big earnings after a 1.8% S&P drop on Friday.
What we know
Bilello notes the S&P fell 1.8% Friday, its 22nd 1%+ drop this year. An account on X lays out the calendar (ISM, Apple/Palantir/AMD earnings, RBA, US polls closing, refunding, BoE, payrolls). Harley Foote calls it the highest-volatility week on record. Kyle Chassé says Warsh announced fewer Fed rate decisions in 2027-28. Another account on X posts a bearish SPX put idea, and Bilello notes a record 75-month bond drawdown.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.