Apple And Fed Ahead, But Surprisingly Robust Chinese Economic Data Threaten To Steal Show

Apple And Fed Ahead, But Surprisingly Robust Chinese Economic Data Threaten To Steal Show

Getty Images



Getty Images

Key Takeaways:



Apple's product presentation event later today generates pre-market buzz

Fed meeting begins today as investors seek central bank's updated rate outlook

Spillover from Monday rally, Chinese data, contribute to positive early tone



How does the market follow up “Merger Monday?” Today the fun rolls on with a product presentation from Apple (AAPL



AAPL

), the start of a Fed meeting, and surprisingly robust Chinese economic data.



Monday's broad-based rally helped lift Tech out of recent doldrums, and futures pointed toward more gains this morning. This could reflect spillover buying and some of the same vaccine- and deal-related optimism that sprouted yesterday. The eye-popping economic data out of China