News Bulletin
Friday, September 18, 2026
Morning Edition
Economic Numbers:
|
Time |
Event |
Actual |
Forecast |
Previous |
|
Friday, September 18, 2026 |
||||
|
10:00 |
US Leading Index (MoM)
(Aug) |
|
0.10% |
0.20% |
|
13:00 |
U.S. Baker Hughes Oil Rig Count |
|
|
450.00 |
|
13:00 |
U.S. Baker Hughes Total Rig Count |
|
|
591.00 |
Indices
|
|
CLOSE |
50 DMA |
200 DMA |
|
DJIA |
51,778.04 |
52,897.70 |
50,080.95 |
|
NASDAQ |
26,418.30 |
26,065.26 |
24,536.97 |
|
S&P 500 |
7,637.76 |
7,615.10 |
7,177.71 |
Earnings Calendar:
(EPS: Earning Per Share / Rev: Revenue / Mkt Cap: market Capital/ BMO: Before Market Opening /AMC:
After Market Close)
|
COMPANY |
EPS Act |
EPS
Fore |
Rev
Act |
Rev
Fore |
Mkt Cap |
Time |
|
FedExFDX:US |
- |
- |
- |
- |
$77.83B |
PM |
Market News:
U.S. stock index futures edged broadly
higher on Friday, following a rally in stocks in the wake of a Federal Reserve
interest rate hike on Wednesday.
By 06:09 ET (10:09 GMT), the Dow futures
contract was mostly unchanged, S&P 500 futures had gained 11 points, or 0.1%, and Nasdaq 100 futures had
advanced by 108 points, or 0.4%.
The main averages on Wall Street popped
in the prior session, with the benchmark S&P 500 and tech-heavy Nasdaq Composite rising by roughly 1.1% and 1.7%,
respectively. The blue-chip Dow Jones Industrial Average, meanwhile, ticked up
by 0.6%.
Although elevated interest rates can
dent the appeal of stocks, many investors interpreted the Fed’s hawkish
decision this week as an indication of the central bank’s commitment to
corralling energy-fueled inflation pressures -- as
well as proof of its independence, which has come under question as President
Donald Trump frequently requests dramatic rate reductions to boost the economy.
Traders were now assessing a decision
from the Bank of Japan to lift interest rates to a 31-year high on Friday. It
was the central bank’s second increase this year and the sixth since March
2024.
"The move follows on from the Fed’s
hike on Wednesday, and the ECB’s hike last week, which leaves us in little
doubt we’re in a globally synchronised cycle of rate hikes again, with more
likely ahead from all three," analysts at Deutsche Bank said in a note.
Wall St encouraged by easing oil prices
The analysts argued that oil price
movements have also been one of the main drivers of stocks this week. Worries
have abounded that elevated crude prices will spark a prolonged period of
energy-fueled inflation, further bolstering the case
for a central bank tightening cycle.
Oil prices fell for a third straight
session on Friday as expectations that Middle Eastern producers could restore
disrupted supplies offset concerns over a widening regional conflict.
The declines came despite fresh fighting
between Saudi Arabia and Yemen’s Iran-backed Houthis,
which has added another layer of risk to oil supplies in a conflict that has
already disrupted shipments through the Strait of Hormuz. Critically, gains by
the Houthis in western Yemen have given the group
increased leverage over the Bab el-Mandeb Strait,
which, along with Hormuz, is relied on by Saudi Arabia to ship oil out to
global markets.
The Bab
el-Mandeb links the Red Sea with the Gulf of Aden, while Hormuz is located off
Iran’s southern coast.
Investors have focused on hopes that
Saudi Arabia could soon partially restore flows through its key east-west
pipeline, which was damaged in drone attacks last week. The pipeline normally
transports crude to Yanbu on Saudi Arabia’s Red Sea
coast. According to Bloomberg News, Saudi Arabia is seeking to restore about
half of the pipeline’s capacity within days, compared to earlier reports that
it could take weeks to come back online.
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