US retail sales rose 0.4% month-over-month in September, above estimates of 0.3%, while initial jobless claims came out below expectations.

US Secretary of the Treasury Janet Yellen is currently warning that former President Donald Trump's proposed tariffs will exacerbate inflation.

US stock futures (ES=F, NQ=F, YM=F) move higher following Taiwan Semiconductor Manufacturing Company's (TSM) third quarter earnings results. Other earnings on deck for today include Netflix (NFLX) and regional bank M&T Bank (MTB).

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This post was written by Luke Carberry Mogan.