Good morning and welcome to Markets Desk.
U.S. stock futures are pointing lower this Sunday as oil prices move higher, setting up a tense open after a week that saw the S&P five hundred and the Nasdaq both close at record highs. Investors are bracing for a heavy calendar ahead, with earnings, economic data, and Federal Reserve commentary all in the mix.
Shifting from the markets to the political backdrop, President Trump used the aftermath of Saturday night's White House Correspondents' Dinner shooting to renew his push for moving press events to the White House ballroom, framing the venue change as a matter of national security. The shooting drew immediate attention from officials and attendees across Washington.
One of those attendees was Goldman Sachs senior chairman Lloyd Blankfein, who was inside when shots rang out. The seventy-one-year-old took to social media with characteristic composure, writing that on the positive side, it was exciting, no one was killed, and it ended early. Markets will be watching whether the broader political climate adds any uncertainty premium to an already cautious week ahead.
That's the tape. Markets Desk, signing off the floor.
