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![neilksethi Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::2252413050.png) Neil Sethi [@neilksethi](/creator/twitter/neilksethi) on x 12.3K followers
Created: 2025-07-18 13:13:03 UTC

As we approach the open in NY, US equity indices are indicated modestly higher (as they’ve been every session this week) on a less newsy overnight highlighted by Fed Gov Waller calling for a rate cut at the end of the month, with the SPX on track for the 3rd weekly gain in the last X weeks aided by overall strong corporate earnings.

Later this morning we’ll get preliminary July UMich consumer sentiment.

Elsewhere, bond yields are edging lower, and the dollar is falling back from 3-week highs. Perhaps aided by that commodities are broadly higher with crude, gold, copper, and nat gas all up.  Bitcoin is little changed. 
$SPX +0.2%, $NDX +0.1%, $RUT +0.7%. 
$SPY $QQQ $IWM

![](https://pbs.twimg.com/media/GwJHVOyXQAAhszs.png)

XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1946196517452497307/c:line.svg)

**Related Topics**
[stocks](/topic/stocks)
[spx](/topic/spx)
[fed rate](/topic/fed-rate)
[fed](/topic/fed)
[neil](/topic/neil)

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