Morning Juice – US Session Prep

Morning, Traders!
It is Friday the 13th of December, here are some things to look out for today.

Sentiment
US equity futures pointed to a strong end to the week on Wall Street, with a premarket surge in Broadcom Inc. driving gains across the entire chip technology complex.

Contracts on the Nasdaq 100 gained this morning, with Broadcom shares rising 15% after the company predicted a surge in demand for its artificial intelligence chips.
If premarket gains continue, the stock will reach a new high, moving closer to a $1 trillion market capitalization.
Marvell Technology, Micron Technology, Nvidia, and Advanced Micro Devices all saw their stock prices rise.

Stock markets are also expected to benefit from an interest rate cut next week, with the Federal Reserve widely expected to reduce rates by a quarter point.
The S&P 500 is up 27% this year, and strategists in a poll predict it will outperform European peers again in 2025.

Europe’s Stoxx 600 index fell as investors remained disappointed by China’s lack of concrete stimulus measures.

Docket
08:30 ET
US Export Prices for November
Median Forecast: -0.3% | Prior: 0.8% | Range:0.2$ / -0.5%

US Import Prices for November
Median Forecast: -0.2% | Prior: 0.3% | Range: 0.3% / -0.4%

Good luck!