Karen Moskow

President Trump is heading to Iowa as the White House tries to focus on affordability ahead of the midterm elections.

While in Iowa, Trump will visit a local business and deliver a speech at the Horizon Events Center in Clive.

The trip is part of a plan to have the Republican president travel weekly ahead of the elections.

On the geopolitical front, the European Union and India have concluded a free trade agreement after almost two decades of negotiations.

European Commission President Ursula von der Leyen referred to the agreement as quote, the mother of all deals.

It's part of an effort to deepen economic ties that has gained momentum due to the Trump administration's aggressive tariff policies.

In Washington, the Fed kicks off its two-day policy meeting later today.

The central bank is widely expected to leave rates unchanged as a steadier jobs market restores a degree of consensus at the central bank.

Stephanie Aliaga is global market strategist at JPMorgan Asset Management.

JPMorgan Asset Management Global Market Strategist Stephanie Aliaga, the expected decision to hold rates is likely to amplify the outrage of President Trump, who wants them slashed.

Three of the world's biggest tech companies face a landmark trial in Los Angeles starting this week over claims that their platforms deliberately addict and harm children.

And it's the first time the companies, which include Meta, ByteDance and Google, will argue their case before a jury.

And the outcome could have profound effects on their businesses and how they will handle children using their platforms.

U.S.

stock index futures, they are pressing toward a record high with tech shares leading the advance as the earnings season moves into its busiest phase, gold climbing for a seventh straight day.

S&P futures up two-tenths of a percent.

Dow futures are lower, down half percent.

NASDAQ futures up 0.6%.

10-year Treasury yield at 4.22%.

COMEX Gold is currently at $5,110 an ounce.