Dallas Fed manufacturing survey highlights a light US econmic calendar

It’s a rare quiet calendar in what’s been a wild February.

There are no Fed speakers scheduled today and the lone economic indicator of note is the Dallas Fed manufacturing survey at 10 am ET. It’s rarely a market mover.

S&P 500 futures are up 31 points, or 0.5%, which is a nice start after Friday’s rout. A weekend note from TD Cowen got plenty of attention as it indicated slower AI spending but the market is taking it in stride.

That sentiment will loom large this week with Nvidia reporting Wednesday and Vistra on Thursday.

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