Markets hit new highs as the Fed debates its next move.

Bob Iaccino breaks down the morning's market action as S&P and Nasdaq futures reach new all-time highs. He covers key U.S. economic data, including retail sales and jobless claims, and provides updates on commodities, forex, and U.S. Treasury yields. Additionally, Iaccino highlights comments from Federal Reserve and ECB officials regarding future interest rate policies and previews upcoming corporate earnings from major technology companies.