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Top Stories
| 12:29 | GM 12:15 ET Morgan conf: Q4 2026 expected to be seasonally weaker than Q2/Q3, compounded by roughly 35,000 fewer trucks during the next-generation pickup changeover; management said “seasonality less 35,000 units” remains the appropriate framework. |
| 12:31 | RVLV 12:00 ET Piper conf: Sales accelerated from +12% in Q2 to +18% in July, with encouraging momentum continuing through August and the first two weeks of September. Strength is broad-based across domestic, international, REVOLVE, FWRD, men’s and beauty, with fashion apparel outpacing dresses; management sees a resilient customer prioritizing apparel and experiences despite negative macro headlines. |
| 12:12 | RKT 12:00 ET Barclays conf: 2026 mortgage originations are tracking below initial expectations as persistent inflation and the 10-year Treasury approaching 5% pressure mortgage rates; some spread compression remains possible, but management still expects rates to stay higher for longer. |
| 11:35 | (UR) Russian Def Min: Russian forces have struck an oil tanker at Ukraine's Port of Izmail |
| 11:56 | MS 11:15 ET Barclays conf: Q3 markets activity is below an exceptional Q2, with both volumes and volatility “a little down” as clients reassess AI capex winners and losers, fiscal issues, war and politics; management framed this as prudent re-underwriting rather than a structural deterioration. |
| 12:28 | CMI 12:15 ET Morgan conf: North American truck demand remains strong for 2H26, supported by improving fleet profitability and pre-buy activity ahead of higher 2027 powertrain costs; the industry is already capacity constrained, limiting the effect of potentially softer pre-buy demand versus estimates from several months ago. |
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FICC
| EUR/USD | 1.16 | (0.76%) |
| USD/JPY | 159.03 | (2.82%) |
| GBP/USD | 1.34 | (-0.36%) |
| Gold | 4336.2 | (-10.05%) |
Indices
| S&P 500 | 7592.75 | (-0.36%) |
| Canada S&P/TSX 60 | -- | (0%) |
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