Anxiety is building ahead of the U.S. Federal Reserve's upcoming rate cut decision, which Ryan has liken to a ‘coin toss’. U.S. Treasury yields rose after a strong retail sales report, while both the S&P 500 and Dow Jones notch all time highs. Microsoft shares surged following the announcement of a $60 billion share buyback program. In contrast, Accenture, the worst performer on the S&P 500, faced setbacks after delaying staff promotions. Locally, the Australian market is expected to dip, ending a four-day winning streak as investors await China's rate announcement.

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