Investors are stepping in to Friday’s weakness this morning, with many of the largest chipmaker names poised for solid opening gains.
On the geopolitical front, Israel and Iran exchanged strikes over the weekend, which sent oil prices higher, but they are now retreating after Iran’s state media said Iran’s armed forces will end military operations against Israel.
In an interview with NBC News, President Trump said he doesn’t want to have a big influence on Fed Chairman Kevin Warsh, though he added there is “no reason” to increase interest rates and says rates should be lowered.