S&P 500 futures and Nasdaq-100 futures started lower but found a bounce. Economic data from Japan, including GDP and industrial production, came in stronger than expected. Canada's CPI was hotter than forecast, and the New York Empire State Manufacturing Index surprised sharply to the upside, jumping to 18.7, suggesting strength where weakness was anticipated. The dollar is gaining against most major currencies, while commodities like Gold futures, Copper futures, and WTI Crude Oil futures are seeing price pressure. Recent hawkish comments from several Federal Reserve speakers, stressing difficulty in backing a December rate cut without more decisive inflation or labor market cooling, have lowered the probability of a $25$ basis point rate cut in December into the low $40$% range, according to the CME FedWatch tool. Earnings reports for companies with market caps over $1$ billion are scheduled after the close, and more reports, including Home Depot, are set for the pre-market tomorrow.