S&P Futures are flat to lower this morning with the focus on tomorrow's inflation report. Minneapolis Fed Kashkari indicated that he is concerned that the recent rise in oil prices will keep inflation higher. Israel is looking to start offensive action in Rafah. Economic calendar is quiet this morning. After the bell today are earnings reports from SGH, PSMT & WDFC. President Biden is schedule to make remarks on the Care Economy this morning and meets with Japan's Prime Minister this evening. In Europe markets are higher as market react to economic data and prepare for this week's ECB announcement. Oil prices are lower this morning as tensions in the Middle East are falling.
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