FactSet U.S. Daily Market Preview

Financial Market Preview - Wednesday 23-Oct


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S&P futures are pointing to a flat open today. Asian markets finished Wednesday trading mixed, with Japan down for a second consecutive day. European markets opened flat and are edging lower in early trades. For today's highlight, recent reports from China suggest a think tank proposal advocating for increased fiscal support through special government bond issuance to enhance social welfare, alongside a proposed CNY2T stock market stabilization fund. This fund would focus on purchasing blue-chip stocks and ETFs. Markets are watching the upcoming NPC Standing Committee meeting for potential details and a headline stimulus figure.

Companies Mentioned: Spirit Airlines, Qualcomm, McDonald's, Eli Lilly

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FactSet U.S. Daily Market PreviewBy FactSet

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