President Donald Trump ruled out an immediate U.S. strike on Iran, helping ease concerns about further Middle East escalation, while Brent crude retreated from Friday's highs. Premarket, SpaceX gained approximately 1% following a reported $40 billion debt financing agreement, while CoreWeave declined 2.3% amid continued concerns about AI infrastructure financing. Today's economic calendar includes the Chicago Fed National Activity Index at 8:30 AM ET, Dallas Fed Manufacturing Survey at 10:30 AM ET, and a 2-year Treasury auction at 1:00 PM ET. Earnings include Verizon before the open, followed by Cadence Design Systems, Nucor and Welltower after the close. Investors are preparing for major results from Microsoft, Alphabet, Amazon, Intel and Eli Lilly later this week. The Federal Reserve's October 27–28 FOMC meeting remains the week's biggest catalyst, with the rate decision Wednesday at 2:00 PM ET and markets pricing approximately a 90.6% probability of unchanged rates at 3.75%–4.00%. AI spending, Big Tech earnings, oil prices, Treasury yields, inflation data and Fed policy expectations remain today's primary market drivers. 26-OCT-2026 06:35 AM ET