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S&P Futures are edging flat to higher this morning as traders weigh headlines on inflation data and global trade. The Bureau of Labor Statistics has reportedly recalled some staff to prepare next week’s inflation report — a sign that key economic data could still make its way out despite the ongoing government shutdown. Tensions between the U.S. and China are on the rise after Beijing introduced new docking fees for U.S. ships and launched a monopoly probe into Qualcomm. Meanwhile, optimism is returning in the Middle East as the Israel–Hamas peace proposal appears to be holding. On the earnings front, Applied Digital (APLD) is surging more than 20% after a strong report last night, Elastic (ESTC) is gaining following upbeat guidance from its Analyst Day, and eyes are on Fastenal (FAST) ahead of Monday’s release.
Tune in to NewsWare’s Trade Talk for the latest market movers, catalysts, and headlines shaping today’s session.
S&P Futures are edging flat to lower this morning as investors await remarks from Fed Chair Jerome Powell ahead of the opening bell. Yesterday’s Fed minutes pointed to the potential for additional rate cuts later this year.
China has announced new restrictions on rare earth exports, while President Trump and President Xi are expected to meet later this month at the APEC summit in South Korea to continue trade discussions. President Trump will also meet with Finland’s President today.
The U.S. government shutdown remains in effect, though there are indications of renewed negotiations. In corporate headlines, Microsoft is said to be developing its own AI models to compete with OpenAI, and the White House has approved several billion dollars in NVIDIA chip sales to the UAE.
TSMC reported a decline in September revenue, Ferrari (RACE) is sharply lower after a guidance update, and both Delta (DAL) and PepsiCo (PEP) are trading higher following strong earnings results. Levi Strauss (LEVI) reports after the bell today.
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Markets are holding steady this morning as investors await the release of the Fed meeting minutes this afternoon. President Trump’s meeting with Canada’s Prime Minister struck a positive tone, focusing largely on tariffs. In corporate news, Elon Musk’s xAI is working on a massive $20 billion capital raise, with NVDA committing $2 billion toward the effort. TopBuild announced a $1 billion cash acquisition of Specialty Products, while gold made history closing above $4,000 an ounce for the first time. Plus, we look ahead to the official start of third-quarter earnings season tomorrow with key reports from Delta (DAL) and PepsiCo (PEP).
🎧 Tune in to NewsWare’s Trade Talk for the latest pre-market insights and key headlines driving Wall Street today.
S&P Futures are slightly lower this morning in a quiet session as investors continue to monitor the prolonged government shutdown. While no major talks are underway in Washington, there are early signs Republicans may be open to compromise, particularly around healthcare subsidies. President Trump meets with Canada’s Prime Minister today, and a bailout package for U.S. farmers could be announced following China’s halt of agricultural purchases. In corporate news, Tesla is expected to unveil a more affordable Model Y, while a fire at a key Ford supplier may impact production. ICE is reportedly in $2 billion talks with prediction platform Polymarket. On the earnings front, Constellation Brands posted results after the bell, and McCormick delivered an EPS beat this morning.
Tune in for the latest market movers, analyst meetings, and catalysts shaping the trading day.
Investors are kicking off the week with optimism as S&P Futures point to a higher open, led by strength in tech. All eyes are on OpenAI’s DevDay, where CEO Sam Altman takes the stage at 1 p.m. ET — a potential catalyst for AI-related names. Overseas, Japanese markets rallied on the election of a pro-stimulus candidate, while France faces renewed political uncertainty after the prime minister’s resignation. Back home, the U.S. government shutdown drags on with no resolution in sight, raising concerns for sectors like airlines. In deal news, Fifth Third Bancorp announced plans to acquire Comerica. On the earnings front, STZ reports after the bell, with MKC up tomorrow morning.
S&P Futures are pointing higher this morning as Wall Street looks past the ongoing government shutdown. With Non-Farm Payrolls sidelined, investors are focused on the ISM’s non-manufacturing report. AI-driven momentum continues to fuel the rally, boosted by OpenAI headlines and strong chipmaker performance. Meanwhile, AMAT warned that new export restrictions will cut Q4 revenue by $100 million. Earnings are quiet this week, but big names like STZ, MKC, AZZ, DAL, PEP, and BLK are on deck next week.
S&P Futures are pointing higher this morning with strength in tech and healthcare leading the way. Day 2 of the government shutdown is underway, but Wall Street isn’t blinking — at least not yet. AI enthusiasm and Fed easing bets are fueling tech stocks, while all eyes turn to Tesla ahead of its Q3 delivery numbers. Apple faces pressure overseas with a U.K. order to build an iCloud backdoor, and with a quiet earnings calendar this week, investors are already looking ahead to next week’s lineup from names like Constellation Brands, PepsiCo, and BlackRock.
S&P Futures are moving lower this morning as the government shutdown officially begins. With both sides at a standstill, the ADP Employment Report takes center stage as the only labor data we’ll see this week. The White House launches “TrumpRx” to tackle prescription drug costs, Amazon unveils a new lineup of Echo devices, and tariffs kick in on trucks, pharmaceuticals, and home goods. Earnings are also in focus with Nike, CALM, RPM, and Levi Strauss. Tune in for all the details on today’s market drivers.
Markets are under pressure this morning with S&P Futures slipping as shutdown risks rise and tariff deadlines loom. We’re also watching the end of the U.S. EV tax credit, Boeing’s next-gen plane plans, Coty’s portfolio review, and a heavy earnings slate from UNFI, LW, PAYX and Nike after the bell.
S&P Futures are climbing this morning as Wall Street eyes looming shutdown risks, hawkish Fed commentary, and a wave of M&A deals in biotech and pharma. Plus, earnings from Carnival (CCL) and a packed after-hours slate.
S&P Futures are flat this morning as markets brace for the latest inflation data with the PCE report on deck before the opening bell. President Trump ramps up trade tensions, announcing new tariffs on pharmaceutical companies and big-truck makers—set to take effect October 1st—while carving out exemptions for companies building U.S. facilities. We break down how the White House is pivoting to Section 232 tariffs, the latest on TikTok negotiations, and the looming risk of a government shutdown as the September 30th deadline approaches. Plus, earnings movers include COST & CNXC, with big names like NKE, PAYX, CAG, and LEVI on tap next week.
S&P futures are showing mild weakness this morning ahead of key economic data and Fed speeches. Markets are also watching government funding talks closely as political risk rises, with President Trump warning of mass federal firings if a shutdown occurs. On the corporate front, Apple is reportedly in early talks with Intel on an investment and lobbying EU regulators, while Accenture and Jabil are trading higher after earnings. After the bell, Costco and Concentrix are set to report.
S&P futures are edging higher this morning, led by strength in tech after upbeat earnings from Micron and a surge in Alibaba to a four-year high on new AI investment plans. President Trump pivoted on Ukraine in his U.N. speech, while Fed Chair Powell warned of persistent risks in the labor market and inflation, calling the outlook “challenging.” Investors remain cautious amid elevated valuations and recent volatility. On earnings, MU, AIR, and MLKN delivered positive results last night, with KB Home set to report after the bell.
S&P futures are flat as investors await flash PMI data for signs of economic momentum and a key speech from Fed Chair Jerome Powell this afternoon. Markets remain cautious with elevated tech valuations, led by Nvidia’s AI rally. Meanwhile, President Trump and HHS Director RFK Jr. stirred controversy with unproven claims about Tylenol and autism, and Trump is set to address the U.N. on U.S. foreign policy. On the earnings front, MU, AIR, and MLKN report after the bell.
S&P futures are pointing lower to start the week. President Trump announced a new $100K fee on H-1B visa applications and is set to address the U.N. tomorrow. In corporate news: Pfizer eyes an obesity drugmaker deal, Compass to acquire Anywhere Real Estate, and the FDA prepares to release a report linking Tylenol to autism. Investors will also be watching Fed speeches and a big earnings lineup from MU, COST, AZN, and ACN.
Futures are flat to slightly higher this morning as investors weigh what’s next for the markets. All three major indices hit fresh records yesterday after the Fed delivered a 25-basis-point rate cut and signaled more easing ahead. Today investors are watching the latest with Tik Tok, shares of FDX after their earnings release, and continued commentary from Fed officials. Next week, investors will have an eye on earnings from AZO, AIR, COST and ACN.
S&P Futures are higher after the Fed’s “risk management” rate cut. Powell signaled caution, but the Dot Plot hints at two more cuts in 2025. In corporate headlines: DIS halts its late-night show under FCC pressure, META debuts next-gen smart glasses, and NVO rises on Ozempic data showing lower heart-attack risk. Looking ahead—Trump and Xi’s Friday call could finalize a TikTok deal, plus cover trade on soybeans and Boeing jets. Key data: jobless claims this morning. Earnings: CBRL underwhelms despite a beat, FDS misses, with DRI, LEN, and FDX still to report.
S&P Futures edge lower as markets await today’s Fed decision and Dot Plot outlook. TikTok’s U.S. stake sale nears the finish line with Oracle, Silver Lake, and Andreessen Horowitz in the mix. Chinese regulators move to block AI chip sales from NVDA, while Trump and Xi prepare for a high-stakes call covering trade, TikTok, and a possible state visit. Plus, EU sanctions, earnings from GIS and CBRL, and tonight’s META Connect keynote.
S&P futures are higher this morning as traders look ahead to tomorrow’s Fed decision, with expectations of a 25-basis-point rate cut and fresh insight from the Dot Plot outlook for 2025. Overnight, the Senate confirmed Steven Miran as Fed Governor, while a court rejected the Trump administration’s bid to oust Lisa Cook. Treasury Secretary Scott Bessent unveiled a TikTok ownership framework, adding to market buzz. Today’s spotlight is on Retail Sales data ahead of the bell. On earnings, Dave & Buster’s (PLAY) posted a sharp revenue miss, while tomorrow brings results from General Mills (GIS) and Cracker Barrel (CRB).
S&P futures are in the green this morning, signaling a positive start to the week. All eyes are on the Fed as we gear up for their latest update — the main event that could set the tone for markets. Tune in as we break down what’s moving stocks today and what to watch for in the days ahead.
S&P Futures are trading lower this morning as markets digests yesterday's strong move. The focus is on the upcoming Fed meeting as the latest inflation and job readings firmed up rate cut expectations.
The White House filed an appeal in an attempt to block Fed Gov Cook from voting at next week's FOMC meeting. The Senate Banking Committee recently approved Stephen Miran for Govenor at the Fed, a full vote is scheduled for Monday. Tres Sec Bessent will be meeting with Chinese officials in Madrid this weekend. President Trump will be in the U.K next week. MSFT is higher as EU regulators accepts the firm's commitment to address their concerns over Teams. They also announced a deal to extend their partnership with Open AI. On the earning front, ADBE delivered a beat while RH missed. Earnings highlights for next week include PLAY, GIS, SCS, FDX, LEN, DRI, & CBRL.
S&P Futures are trading higher this morning ahead of the release of the Consumer Price Index. The ECB will be making its monetary policy statement at 8:15 am, no change in rates is expected. The Trump Administration is said to be consider new curbs/tariffs on Chinese pharmaceutical imports. Corporate presentations at various sell-side conferences this week indicate that most companies' quarterly results remain broadly on track. However, AA & CARR have indicated some operational weakness in their recent updates. Boeing has reached a tentative agreement with striking union members. On the earning front, KR is expected to release earnings this morning. After the bell today, earnings releases are expected form ADBE & RH.
S&P Futures are positive this morning as the market awaits the release of the Produce Price Index ahead of the opening bell. President Trump will travel to the U.K next week (September 17–19) for a rare second state visit. Trump is actively urging the EU to impose 100% tariffs on China and India in an effort to curtail those countries purchases of Russian oil. He also signed an Executive Order targeting pharmaceutical advertising. The Supreme Court will hear oral arguments in early Nov on the Trumps tariffs. On the earning front ORCL delivered a strong report and is trading higher. After the bell today, earnings releases are expected form GME, SNPS & ORC
S&P Futures are positive this morning as the market await the payroll revisions data, a downward revision of up to 1m is expected. The White House is said to be preparing a report that will be critical of BLS data gathering functions. Apple’s major product launch will be a key highlight today, the event kicks off at 1:00 PM ET, with new iPhones, Apple Watches, and AirPods expected to be announced. Anglo American & Teck Resources announced a merger. The Salesforce CEO will be presenting today at the Goldman Sachs’ Communacopia & Tech event at 4:25pm. Executives from C & JPM will be presenting today at Barclays financial conference. On the earning front CASY is lower after its earnings announcement. After the bell today, earnings releases are expected form GME, SNPS & ORCL
S&P Futures are positive this morning as the latest payrolls data is increasing the odds of a 50-basis point cut at next weeks Fed meeting. Tomorrow the BLS will be announcing its revisions to the payroll data for the period of April 2024 to March 2025. This week's inflation reports could derail a large cut. President Trump is expected to meet with EU officials this week on talks aimed at ending the Ukraine Russia war, sanctions and energy policies are likely to be discussed. On Sunday, Tres Sec Bessent said he's confident that the tariffs will be upheld by the Supreme Court. This week’s sell-side calendar is busy, with today’s highlights including Goldman Sachs’ Communacopia & Tech event, Morgan Stanley’s healthcare conference, and the Barclays financial conference, all featuring top executives sharing sector-specific and market outlooks. On the earning front CASY is releasing after the bell today and later this week ORCL, SNPS, GME, CHWY, RH, KR & ADBE are scheduled to release.
S&P Futures are positive this morning ahead of this morning's non-farms payrolls report. Semiconductor stocks are on watch today as the Trump Administration indicated that they will be placing tariffs on those firms that are not building their chips in the U.S. The White House is preparing to start renegotiating a major free trade deal between the U.S.-Mexico-Canada Agreement. Boeing gets two new plane orders and is making plans to hire new workers to replace the striking workers in St. Louis. On the earning front AVGO, DOCU, IOT PATH are higher after earnings releases. The LULU report was very negative, and the stock is falling. ORCL will be releasing earnings next week.
S&P Futures are slightly higher this morning with economic and earnings data in focus. There are two employment reports due out this morning and the Non-Farms payrolls report is due tomorrow. President Trump will be hosting a dinner tonight that will be addended by a host of tech CEO's (MSFT, GOOG, META, ORCL, MU and others). Late yesterday, the Trump admin requested ab expedited ruling from the Supreme Court on the Trump Tariffs. President Trump is appealing Friday's tariff ruling to the Supreme Court and requesting an expedited ruling. The Senate Banking Committee is scheduled to begin hearing for the new Federal Reserve Governor nominee, Stephen Miran, today. Health Secretary Robert F. Kennedy Jr. is scheduled to testify before the Senate Finance Committee at 10:00 am. On the earning front HPE & AEO are higher after earnings releases. CRM beat, but lower due to cautious guidance. After the bell today ACGO, CPRT, LULU IOT & DOCU are schedule to release.
S&P Futures are showing strong gains this morning due to positive action in technology stocks. After the bell yesterday the judge in the GOOG antitrust case released his remedy opinion and said that Google will not be required to divest its Chrome browser or Android operating system. Additionally, the ruling permits Google to continue making payments to Apple, enabling Google to remain the default search engine on iOS devices. President Trump is appealing Friday's tariff ruling to the Supreme Court and requesting an expedited ruling. Later today he is expected to meet with the President of Poland. Treasury Sec Bessent will start to interview candidates for the role as Fed Chair on Friday. The yield curve is showing signs of steepening with the 10-year Treasury note yield hovering around 4.28% to 4.30%. This follows a modest increase of about 0.03 percentage points from the previous session, marking the third consecutive day of rising yields. On the economic from today markets will be paying attention to this morning's JOLTs report and the Fed's Beige Book in the afternoon. HQY & ZS are higher after earnings beats. After the bell today CRM, FIG, HPE, GTLB and AI are schedule to release.
S&P Futures are negative this morning following the long holiday weekend. September has been a tenuous month for the markets, with the S&P averaging a -4.2% decline during this period. The markets sentiment is negative due to Friday's Court decision on Trump's tariff agenda. A federal appeals court ruled that the president exceeded his authority to impose tariffs which is creating a lack of clarity for the markets. They stated that the power to impose taxes and duties lies with Congress, not the president. However, the tariffs are being allowed to remain in effect until October 14 to give the government time to seek Supreme Court review. President Trump is schedule to make an announcement today at 2:00 pm ET. Congress is back from their August recess and will be focused on talks to avoid a government shutdown, with the federal funding deadline set for Sept 30th. The key economic data point for today will be the ISM Manufacturing PMI data which is due out after the opening bell. After the bell today, ZS & HQY are scheduled to report and tomorrow morning M, CPB & DLTR will be reporting earnings results.
S&P Futures are displaying weakness this morning as markets react to the latest round of earnings. This morning, markets are awaiting a key inflation report as the PCE data is due out before the bell. The Trump Administration is looking to expand the tariffs on steel and aluminum products. Fed Gov Cook is schedule to have a hearing this morning on her employment at the Fed. Fed Gov Waller and continue to push for lower rates due to the expectations of a weakening labor market. BABA announced the development of a new AI chip that is more versatile than its older chips. Seeing strong gains in BABA, AFRM, ADSK, ESTC & ULTA after earnings releases. Monday is a holiday, on Tuesday morning, ASO & SIG are expected to release quarterly updates.
S&P Futures are trading slightly positive this morning as markets digest the recent earnings report from NVDA.NVDA had a good quarter as AI demand remains strong. The White House removed CDC director Monarez after disagreements with RFK Jr. Two key economic data points before the bell today, Jobless Claims and the 2nd estimated of Q2 GDP. PCE data is scheduled for tomorrow. Markets continue to expect a rate cut at the September meeting. Seeing strong gains in PSTG, SNOW, TCOM and BURL after earnings releases. After the bell today DELL, ADSK, MRVL, AFRM, ULTA, ESTC will be reporting. Tomorrow morning, BABA is scheduled to report.
S&P Futures are trading slightly higher this morning as markets look to tech earnings as being a positive catalyst. President Trump's actions on his intended removal of Fed Gov Cook remains a hot news item for the media, however the markets are focused on earnings. New tariffs on India went into effect today, significantly increasing duties on many Indian imports by an additional 25%, bringing some tariffs up to as high as 50%. This tariff hike is a direct retaliation for India’s continued purchases of discounted Russian crude oil. Cracker Barell is moving higher this morning as the company will revert back to its old logo. Seeing strong gains in BOX, MDB, NCHO, OKTA & PVH after earnings releases. After the bell today NVDA, CRWD, SNOW, VEEV, TCOM, A, & NTAP will be reporting. Tomorrow morning, DG, DKS, BURL, HRL, BBY & OLLI are scheduled to report.
S&P Futures are weakening this morning following the news that President Trump removed Fed Gov Lisa Cook from her duties at the Fed. Political turmoil in France is also a source of concern as Prime Minister Bayrou called for a confidence vote on Sept 8th. Markets are also on watch for a potential ruling on Trump's tariff action. The U.S. Court of Appeals for the Federal Circuit is expected to make a ruling on President Trump's International Emergency Economic Powers Act (IEEPA) tariffs ruling within the next few weeks. The key economic data point for today will be the Home Price Index. IBKR will be added to the S&P 500 on Thursday. After the bell today MDB, OKTA, BOX & PVH will be reporting. Tomorrow morning, WSM, SJM, DCI & ANI are scheduled to report.
S&P Futures are weakening this morning following Friday’s strong gains that were sparked by dovish comments from Federal Reserve Chair Jerome Powell at the Jackson Hole event. Markets are pricing in a 25 basis point interest rate cut by the Federal Reserve in September 2025, with expectations for a similar 25 basis point cut in December. President Trump to meet with the President of South Korea today with trade agreement and regional security in focus. On Friday, President Trump said that he would be launching a major tariff investigation into furniture imports coming into the United States. Over the weekend he called on the Federal Communications Commission (FCC) to revoke the broadcast licenses of ABC and NBC, accusing them of biased coverage against him and labeling them as "fake news" networks. The week ahead features a host of key earnings announcements from major companies across various sectors including PVH, ANF, WSM, FIVE, SNOW, CRWD, NVDA, BBY, DKS, MRVL, DELL, ADSK & BABA.
S&P Futures are trending higher this morning as markets await comments from Fed Chair Jerome Powell. Powell is schedule to give the keynote speech at the Jackson Hole event this morning. He is expected to cautious on comments related to a Sept rate cut and indicate that the Fed remains data dependent. Talks on a proposed end to hostilities in the Russia Ukraine conflict appear to be stalling. ROST & ZM are higher after earnings releases, INTU, WDAY & BJ are lower. Next week earnings announcements are expected from PDD, NVDA DELL and others.
focus. The Fed released their meeting minutes yesterday which were more hawkish than expected. President Trump called for the resignation of Fed Gov Lisa Cook due to questions over her personal finances. The move is seen as an attempt to stack the Fed with members who are inclined to lower short term rates. Lowering short-term interest rates in an environment of rising inflation tends to cause long-term rates to move higher, which can negatively impact the markets. The Fed's Jackson Hole event starts today; this event is expected to have significant policy implications for inflation, growth, and central bank strategy going forward. NDSN & YMM are higher after earnings releases, WMT & CODY are lower. After the bell today. INTU. WDAY, ROST & ZM are expected to release.
S&P Futures are trading lower this morning as tech shares remain weak. Yesterday we saw a rotation out of tech and into cyclical and value-oriented stocks. In the pre-market EL, TGT & LZB are lower after earnings releases, FUTU and Keys are higher. This afternoon the Fed will be releasing the meeting minutes from July Fed meeting and traders will be closely examining the minutes to see if any FOMC members, beyond Governor Bowman and Governor Waller, indicated support for a potential rate cut in upcoming meetings. Hertz announced that it will sell used vehicle online through Amazon. Tomorrow morning earnings results are due out from WMT, BILI & YMM.
S&P Futures are continuing to display muted price action this morning. The recent talks between President Trump and European leaders appear to have been positive which is reflected in the relative weakness in oil and defense stocks this morning. Shares of INTC are higher this morning as Softbank in making a $2B invest in the chip maker. SGBI is looking to merge its TV business with Tegna. Earnings announcements overnight were mainly positive as PANW & FN move higher. This morning HD is lower after its earnings miss. After the bill today KEYS & TOL will report and tomorrow morning TJX, ADI, LOW, TGT, EL & BIDU are scheduled to report.
S&P Futures are displaying some mild weakness this morning and are in need of a catalyst for direction. The key news event over the weekend was the Trump Putin summit. This afternoon, President Trump is expected to meet with European leaders including Ukrainian President Zelenskyy. The Fed's Jackson Hole event starts this week, Chairman Powell is scheduled to speak on Friday. Powell is likely to come across as dovish even though inflation and employment data have been sending mixed signals. Dayforce (DAY) shares are higher this morning due to takeover speculation. This is a key week for the retail sector with earnings announcements on tap from HD, WMT, TJX. TGT, ROST, LOW, BABA & BKE.
S&P Futures are positive this morning. There are a number of important economic data points due out in the pre market including Retail Sales and Import-Export prices. China's economic data overnight came in weaker than expected. The Trump Putin summit is scheduled to begin at 3:30 pm ET today. UNH is seeing strong gains this morning as Berkshire Hathaway announced a stake. Their 13F also disclosed new positions in DHI, NUE, & ALLE. There was chatter overnight that the Trump Administration is consider a stake in INTC. Next week the Fed will be releasing the Fed Minutes from the recent FOMC meeting and Fed Chair Jerome Powell will be speaking at the Jackson Hole event on Friday. AMAT released positive earning last night, but their guidance was weak. Next week's earnings are expected from, HD, WMT, TGT, TGX, WSM, EL M & ROST.
S&P Futures are slightly lower this morning. This morning there are two important economic data points set for release, The PPI report and Weekly Jobless Claims. Treasury Secretary Scott Bessent indicated that that there was a good changes that the Fed will lower rates by 50 basis points at their meeting next month. While a 50 basis point cut is possible, it would likely need another weak Non Farms payrolls report. President Trump signed an Executive Order to accelerate rocket launches to encourage space travel. President Trump is scheduled to speak today at 1:00 pm. In earnings news JD, BIRK & VIPS are higher after releases, CSCO, DE, NICE & TPR are lower. After the bell today, AMAT, SNDK & STRZ are expected to report.
S&P Futures are extending their gains from yesterday as the market continues to feed off of Tuesday milder than expected CPI report. The economic calendar is light today, PPI data is due out tomorrow. Expectations for a Fed rate cut in Sept are nearing 100%. Markets are going to be looking for clues in relation to the upcoming U.S. Russian talks over a Ukraine peace accord. Next week's Jackson Hole summit will soon be in focus as markets look to hear dovish commentary from Fed Chair Powell. Trump's pick to lead the BLS floats the idea of suspending the Non Farm Payrolls report. In corporate news, Spirt Airlines warns that they may not be able to continue operations if their financial picture does not improve soon. Disney does a deal with Webtoon. In earnings news, LITE & EAT are higher after releases, CAVA, CRWV are lower. After the bell today, CSCO & COHR are expected to report.
S&P Futures are flat to lower this morning in cautious trading ahead of this morning's inflation report. If the CPI report comes in hot, it will likely lessen the odds of a September rate cut by the Fed. President Trump extended the current trade agreement with China yesterday. He also nominated E.J. Antoni as head of the BLS. His nomination has drawn mixed reaction, critics question the rigor, accuracy, and neutrality of his economic work due to perceived political bias. Expectations are being lowered on a possible Ukraine peace deal, talks are now being described as a "feel out meeting". In deal news, Cardinal Health is set acquire Solaris Health for $1.9B. In earnings news, GDOT, ONON &PONY are higher after release, CE is lower. Micron raised its guidance yesterday. After the bell today, CRWV, CAVA, HRB & RGTI are expected to report.
S&P Futures are displaying slight gains this morning as we head into an important week for the markets. The key near term catalyst is the trade deal with China that is set to expire tomorrow. Markets are expecting for the White House will extend the current trade agreement. On Friday, President Trump will be holding talks with Russian President Putin on a potential end to the hostilities in the Ukraine. On the economic front, Inflation data releases will be key this week. Tomorrow CPI will set the tone for a possible rate cut in September. Intel's CEO is schedule to meet with President Trump today as he called for his resignation last week. President Trump is expected to hold a press conference today at 10:00 am ET on law enforcement in DC. NVIDIA and AMD have agreed to pay the U.S. government 15% of their revenue from sales of certain AI chips to China as a condition for securing export licenses. Economic calendar is light today. On the earning front, CAH, CRWV, CAVA, EAT, CSCO, NTES, JD, DE, AMAT, & FLO are expected to announce this week.
S&P Futures are displaying positive action this morning as the Trump tariffs went into effect overnight. Trade talks with other countries continue. The White House agreed to cease the stacking of tariffs on Japan. The China agreement is set to expire next week. India is said to be open to reducing oil imports from Russia as part of a tariff settlement. Late yesterday, President Trump nominated Stephen Miran, the current chair of the White House Council of Economic Advisers, to fill a temporary vacancy on the Federal Reserve's Board of Governors. The anticipation of a Trump Putin meeting to end the conflict in Ukraine continues to have a positive effect on markets sentiment. Antitrust officials in the U.K. effectively cleared Boeing's plan to acquire Spirit AeroSystems Holdings. Eli Lilly's weight-loss pill produced underwhelming results. Economic calendar is light today; the next key report is the CPI data that is due out on Tuesday. EXPE, CART, MNST, TTWO & GILD are higher after earnings releases, TTD, TWLO, MCHP, FLUT & GDDY are lower. On Monday morning, earnings reports are expected from RUM, LEGN, ROIV, MNDY & B
S&P Futures are displaying strong gains this morning as markets adjust to a host of new catalysts. Multiple Fed officials spoke yesterday and indicated developing concerns with the labor market which is increasing expectations for a rate cut in September. The BOE is expected to announce a rate cut this morning. President Trump is expected to meet in person with Russian President Vladimir Putin as soon as next week. He also plans to follow up with a meeting involving both Putin and Ukrainian President Volodymyr Zelenskyy shortly thereafter. These meetings are intended to negotiate a resolution to the Russia-Ukraine conflict In corporate news, AAPL unveiled a major investment in the U.S. at the White House yesterday, President Trump indicated that tech companies that invest in the U.S. will avoid his new 100% tariff plan on semiconductors. Jobless Claims data is due out this morning and will be widely watch after last week's weakening Non-Farms Payrolls report. DUOL, UPWK, DASH, DKNG, TKO are higher after earnings releases, ABNB, YETI, JOBY, MET & Z are lower. After the bell today, earnings reports are expected from GILD, FLUT, TTD, TTWO, PINS, EXPE, TWLO, WYNN and CART.
S&P Futures are higher this morning as markets focus on the latest corporate earnings results. President Trump is expected make an announcement today, yesterday, he indicated that he would be announcing a replacement for Fed Gov Krugler this week. Special Envoy Witkoff is in Russia for discussion on a possible resolution to the Ukraine war. Trade negotiations with China, India, the European Union, Switzerland and others remain active ahead of Thursday's deadline. After the bell today, earnings reports are expected from APP, DASH, MCK, ABNA, FTNT, DKNG & JOBY. Previous file did not save correctly.
S&P Futures are higher this morning on continued opiumism of a Sept rate cut and upbeat earnings results. While official confirmation is still pending, markets are expecting an announcement to extend the U.S.-China trade and tariff truce before the Aug 12th deadline. President Trump is expected to sign an executive Order this afternoon that will impose penalties on banks for dropping customers based on political reasons. He is also expected to appear on CNBC this morning (8:00 est) and will likely comment on his pending Executive Order, and also on trade talks. Special Envoy Witkoff will be in Russia this week and is expected to meet with Russia's President Putin in an attempt to obtain a ceasefire in Ukraine. The key economic data points for today are the Trade Deficit report and the ISM Services PMI data. On the earnings front, BALL, BP, LDOS, PLTR & RAIL are higher after releasing. ADTN, CAT, HIMS & TAP are lower. After the bell today, earnings reports are expected from AMD, AMGN, ANET, & MTCH.
S&P Futures are showing positive activity this morning as markets recover from Friday negative employment report. Federal Reserve Governor Adriana Kugler resigned unexpectedly on Friday, giving President Trump the opportunity to nominate a replacement who may influence future Fed policy decisions. This development, combined with softer labor market data, has significantly increased expectations for a rate cut next month. Congress and the Senate have begun their summer recess starting today. Special Envoy Witkoff is expected to travel to Russia on Wednesday. Markets will be focused on earnings reports and expected comments from Federal Reserve officials this week. TSLA's board approved an award of 96m shares of restricted stock to CEO Elon Musk yesterday. The key economic data point for today will be the Commerce Depts Factory Orders report for June. After the bell today, earnings reports are expected from PLTR, VRTX, WMB, SPG, HIMS & BMRN.
In this episode of NewsWare's AIQ Markets podcast, we explore the impact of recent tariff escalations on market volatility. Host Emily Advani, along with experts Bill Olsen of NewsWare and Steve Hill, CEO of AIQ Systems, dive into how these developments affect various sectors, including retail, software, and soft drinks. Learn how traders can leverage both fundamental and technical analysis to navigate these turbulent times and uncover opportunities in stocks Nike (NKE) and Salesforce (CRM) amongst others. Tune in to gain valuable insights on staying ahead in an unpredictable market landscape.
Learn more about AIQ Systems at www.AIQSystems.com.
S&P Futures are down sharply this morning as markets react to the latest tariff news from President Trump. After markets closed yesterday, President Trump announced increased tariffs on multiple U.S. trading partners and warned that any nation supporting the "Anti-American policies of BRICS" would face an extra 10% tariff with no exceptions. He also sent letters to the CEOs of 17 major pharmaceutical companies demanding that they substantially reduce prescription drug prices in the United States within 60 days. This morning release of the monthly Non-Farms Payrolls data is being highly anticipated as it is a key data point in the Feds decision making process. On the earnings front, AAPL, BOOT, CVX, RDDT are higher after announcements. AMZN, FLR, IR ROKU are lower. On Monday morning, earnings reports are expected from BNTX, ON, TSN, L, W and TSEM.
S&P Futures are showing strong gains this morning after outstanding earnings from Microsoft (MSFT) and Meta (META), both of which delivered results that surpassed expectations. Outside of tech, a majority of companies have delivered mixed or disappointing results. Fed Chairman Jerome Powell came across as hawkish in his press conference yesterday and indicated that the Fed is looking past the tariff situation by not raising rates. President Trump announced a trade deal with S. Korea. An agreement with Mexico remains fluid while an agreement with Canada appears unlikely. A federal appeal court will begin hearing oral arguments today on President Trumps claim that economic emergencies allow him the right to impose tariffs. The key economic data point for today will be the PCE report due out in the pre-market. On the earnings front, MSFT, META, WDC, EBAY & CVNA are higher after announcements. RACE, ARM, LRCX, WCOM, BUD, F, & HOOD are lower. After the bell today are earnings reports from AAPL, AMZN, KLAC, COIN, NET, ROKU, and RDDT.
S&P Futures are displaying gains this morning with earnings and economic data being the key themes for today. On the economic front, the first reading of U.S. Q2 GDP will be released this morning and is expected to display growth. In the afternoon, the Fed will release a monetary policy statement. Fed Chairman Powell will likely display a dovish tone in his press conference. The U.S. and China concluded their recent two-day trade talks in Stockholm without reaching a definitive agreement to extend the tariff truce currently set to expire on August 12, 2025. Both sides described the meetings as "constructive,". The responsibility now lies with President Trump to decide whether to approve an extension of the tariff pause. PANW is said to be close to acquiring CYBR in a $20B deal. Figma (FIG) IPO is said to be 40x oversubscribed. On the earnings front, QRVO, HUM, STNG, SBUXVRT & GEHC are higher after announcements. MSFT, META, QCOM, ARM, LRCX & HOOD are all releasing earnings after the bell today.
S&P Futures are displaying gains this morning as the markets key in on a host of catalyst events. Key events this morning include earnings releases, U.S. China trade talks and the start of the Federal Reserve two-day policy meeting. The U.S. China trade talk is expected to end with an extension of the 90 day pause. Other trading partners such as Canada, Mexico, South Korea and Taiwan are yet to secure agreements. The Fed appears to be shifting in a dovish direction as markets await tomorrow's announcement. The key economic datapoint for today will be the International Trade in Goods data for June. On the earnings front, weakness is on display in SWK, RCL, SPOT, UNH and CARR after announcements. V, SBUX, MDLZ, EA, QRVO are all releasing earnings after the bell today.
S&P Futures are indicating a higher opening this morning as the markets prepare for one of the busiest weeks of years. The big news event is the announcement of a U.S. EU trade agreement over the weekend. This was widely expected, and markets are waiting for some additional clarity on the details. China and the U.S. are meeting in Sweeden today for another round of trade talks. Expectation is for another 90 days pause on tariffs. The Trump administration is expected to announce the results of a national security investigation into semiconductor imports within the next two weeks. Trade Agreements, Earnings Fed decision and a host of key economic datapoint will dominate this week's trading. On Sunday, President Trump announced deal with E.U. imposing 15% tariffs and averting trade war. Bangladesh ordered 25 Boeing planes in effort to lower tariffs. An announcement of a trade deal with India is unlikely this week as talks are scheduled for later next month. On the earnings front, PG, UNH, AZN, MRK, BA, SPOT & UPS are all releasing earnings tomorrow morning.
S&P Futures are displaying positive action this morning. Earnings report remain a key focus today as markets prepare for a heavy dose of tech earnings next week. President Trump visited the Fed yesterday in an effort to sway the Fed to lower interest rates. Today the President is headed to Scottland for personal business-related activities. Late yesterday afternoon, the Trump administration gave approval for CVX to resume oil production in Venezuela. The FCC approved the PARA merger with Skydance. SRPT is falling on concerns related to its Duchenne muscular dystrophy treatment. Next week is one of the busiest weeks of the year for markets. Highlights include a Fed meeting, US / China trade talks, key economic data points including GDP, PCE & Employment data, earnings from META, MSFT & AAPL, and expectations of trade deal announcements. This morning's key economic data point will be the report on Durable Goods Orders. On the earnings front, BAH, BYD, DECK, EW and MHK are higher after their releases. INTC, and LEA are moving lower.
S&P Futures are flat to higher in the premarket. There are a host of market catalysts today including corporate earnings, a possible announcement on a U.S. EU trade deal, and an ECB announcement on monetary policy. President Trump will visit the Federal Reserve today to monitor its renovation progress. Lawmakers subpoena JPM & BAC over Chinese battery IPO, and they are asking the DoD for data that MSFT shared with Chinese engineers. Next week Tres Sec Bessent is to meet with Chinese officials for another round of trade talks. This morning's key economic data point will be the report on New Home Sales. On the earnings front, GOOG, NOW, TMUS & URI are higher after their releases. CMG, DOW HON, IBM & TSLA are lower. After the bell today, earnings releases are expected from BYD, DECK, EW, MHK and INTC.
S&P Futures are showing positive gains this morning following President Trump announcement of a trade deal with Japan. This event is creating global optimism as other countries look to finalize trade deals before the Aug 1 deadline. Talk with the EU and Tawain are scheduled for today. Later today, President Trump will unveil a sweeping Federal AI Action Plan and sign up to three executive orders intended to accelerate U.S. leadership in artificial intelligence. U.K. regulators are proposing new rules on mobile device app stores. This morning's key economic data point will be the Exhisting Home Sales Report. On the earnings front, GEV, CB, CALM, ISRG & COF are higher after their releases. TXN is moving lower after their announcement last night due to concerns on forward guidance. After the bell today, earnings releases are expected from GOOG, TSLA, IBM, TMUS, NOW, URI, CMG and ORLY.
S&P Futures are displaying some weakness this morning as market await a catalyst. Tariffs, Trade and Earnings remain hot topics for the markets. President Trum is scheduled to meet with the president of the Philippines today. Discussions are expected to focus on trade negotiation and security cooperation in the Indo-Pacific region. Markets are caution on a potential U.S. EU trade agreement as the EU is said to be preparing a list of possible retaliatory measures. The lack of movement in the U.S. India trade agreement has markets questioning if a deal will actually occur. On the earnings front, CCK, KO, MEDP & NOC are higher after their releases. NXPIT is moving lower after their announcement last night as tech expectations are elevated. After the bell today, earnings releases are expected from CB, SAP & TI.
S&P Futures are moving higher this morning ahead of a busy week of pending catalysts. This is a big week for earnings announcements, with a host of big tech results due out this week. Trade deals will be in focus this week as we are rapidly approaching the Aug 1 deadline. The European Union is said to be getting ready to push back on Trump tariffs. There is an ECB meeting this week. Shares of Block are higher this morning as it will be added to the S&P 500 on Wednesday morning. After the bell today are earnings reports from NXPI, STLD, CCK + MEDP. Tomorrow morning earnings releases are expected from KO, PM, RTX, LMT, SHW & GM
S&P Futures are extending their recent gains as earnings reports were positive and M&A activity starts to heat up. Fed Governor Waller came out swinging for a July rate cut, although this is unlikely to occur. On the economic front, the focus will be on the Michigan Consumer Sentiment report. President Trump is holding a dinner with republican Senators tonight to discuss key legislative priorities. Union Pacific is considering a bid for Norfolk Southern. The earnings report from Netflix was mainly positive, however the stock is trading lower this morning. AXP, IBKR, MMM And SLB are higher after releasing their earnings. On Monday morning VZ & DPZ are scheduled to report.
S&P Futures are flat to lower this morning with corporate earnings announcement in focus. GE, PEP, MMC AA & TSM are higher after their updates. On the economic front reports on Retail Sales and Jobless Claims are due out before the open. Trade deal talks with the E.U. heat up and an announcement is expected soon. China is pushing for its Cosco to be an equal partner in Blackrock MSC deal over ownership of western ports. After the bell today are earnings reports from NFLX & IBKR. Friday morning earnings releases are expected from AXP, MMM, SLB & SCHW.
S&P Futures are flat to lower this morning as market await this morning PPI report. President Trump indicated that drug tariffs are likely by Aug 1st with tariffs on semis to follow shortly afterwards. President Trump to meet with leaders from Bahrain and Qatar today. TTD gains on its inclusion to the S&P500. On the earnings front, BAC & JNJ are higher after earnings releases, GS & MS to report this morning. Tomorrow morning, GE, ABT, PEP, CTAS, NVS will be reporting.
S&P Futures are positive this morning as market react to the latest trade developments. Nivida appears to have the green light to ship its H20 chip to China. President Trump indicates a wiliness to discuss tariff rates with the E.U. President Trump will be in Pennsylvania today and is expected announce a $70B investment in AI and Energy. Before the bell today is the June inflation data as the CPI data is due out. TTD gains on its inclusion to the S&P500. On the earnings front, JPM, BK & WFC are higher after earnings beats. Tomorrow morning, JNJ, BAC, MS & GS will be reporting.
S&P Futures are moving lower this morning due to this weekend's announcement from the White House on tariffs. President Trump has indicated his intention to impose 30% tariffs on the E.U. and Mexico starting August 1st. President Trump will be meeting with the Secretary General of NATO this morning, he is expected to make a major announcement on Russia today. Congress is set to vote on a series of Crypto bills this week. Boeing shares are higher this morning as Air India investigation points to pilot error. No major economic events are due out today, Tuesday's CPI report is being widely anticipated. On the earnings front, FAST is moving higher ahead of this morning earnings announcement. Tomorrow morning, earning reports are due from ACI, STT, BK, C, BLK, WFC & JPM.
S&P Futures are moving lower this morning as the latest tariff developments have markets on edge. Continuing changes in tariff policy is a negative factor for markets. President Trump announced that tariffs on Canada will be 35% effective August 1st. He also indicated that new tariffs on the European Union will be announced soon. A trade agreement with India remains in focus. Achieving trade deals with other nations has proven to be difficult for the Trump administration. Congress is set to vote on Crypto legislation next week. Air India investigators may release a preliminary report today. No major economic events are due out today. On the earnings front, LEVI is moving higher after an earnings beat last night.
S&P Futures are displaying modest weakness this morning. After the bell yesterday, President Trump announced that the U.S. will impose 50% tariffs on copper imports. In addition, he also declared that imports from Brazil will be hit with 50% tariffs. Both are schedule to start on August 1st. The key economic event today will be the release of the Weekly Jobless Claims. In corporate news Delta is trading higher after an earnings beat. Boeing shares continue to climb as the Air India investigation appears to be focused on fuel switches and not a design flaw. Italian candy maker Ferrero appears to be nearing a deal to buy WK Kellogg for $3 billion. Costco released positive sales data for June and DLTR announced a large share buyback. After the bell today, WDFC & LEVI are set to report earnings.
S&P Futures are positive this morning as the market are anticipating announcement on trade deals. Treasury Secretary Scott Bessent and the Director of the White House National Economic Council Kevin Hassett are being discussed as the top candidates to succeed Jerome Powell as the next Fed Chair. Key economic event today will be the Fed's Meeting Minutes from last months fed meeting. Merck announced a deal to takeover VRNA. Boeing is higher on upbeat news related to plane deliveries. On the earning front, AZZ to release after the close today, tomorrow morning, SMPL, CAG & DAL are scheduled to release.
S&P Futures are moderately higher this morning with tariff developments and pending trade deal in focus. President Trump sent out tariff letter yesterday, neither India nor the E.U. received letters. As a result, markets are expecting trade deals to be announced this week with India and the E.U. No major economic releases are due out today. Tech stocks are displaying positive action in the pre-market. On the earning front, Delta Air Lines, Conagra Brands, Levi Strauss, Simply Good Foods, PriceSmart, AZZ Inc., and WD-40 are expected to release this week.
S&P Futures are displaying modest weakness this morning as markets await details from the White House, where President Trump is expected to send out tariff letters to numerous countries today. The focus is on which countries will receive these notifications and what specific tariff rates will be imposed, as the administration’s 90-day pause on higher tariffs expires this week. President Trump will be hosting a state dinner tonight for Israel's Prime Minster this evening. Tesla shares are lower after Elon Musk said he had created a new political party. No major economic releases are due out today. On the earning front, Delta Air Lines, Conagra Brands, Levi Strauss, Simply Good Foods, PriceSmart, AZZ Inc., and WD-40 are expected to release this week.
S&P Futures are displaying a cautious move higher this morning as the market await this morning Non-Farms Payrolls report. Overnight in Washington, House Republicans have been working through significant internal resistance to President Trump's tax bill. The bill is expected to pass sometime today. The Trump Administration has eased some curbs on exports of chip-design software to China. TRIP is trading higher this morning as Starboard Value fund has taken a 9% position in the company. Seeing positive momentum in AMZN & TGT ahead of their sales events. On the economic front, Reports on the trade deficit, weekly jobless claims and purchasing managers indexes for services are also due out today.
S&P Futures are moving slightly higher this morning. Banks are displaying positive momentum due to announcements of buybacks and dividend increases as all major banks past the Fed's stress test. TSLA will be releasing its 2Q sales figures today. Healthcare stocks are weakening as CNC withdraws 2025 guidance. While the Senate past President Trump's tax bill yesterday, the bill faces significant difficulties in the House. House GOP leaders are aiming for a July 4 deadline to pass the bill, but internal rifts and policy disagreements make its passage in the current form uncertain. On the economic front the ADP Employment report is due out.
S&P Futures are moving slightly lower this morning with trade talks and the budget reconciliation bill in focus. The EU trade negotiator has an offer to present that will accept a 10% universal tariff if key sectors are exempted. The Senate is currently holding votes on the reconciliation bill. Fed Chairman Jerome Powell is scheduled to speak this morning at an ECB conference. Gaming stocks are trading higher this morning as Macau gaming revenue came in strong. TSLA is lower as the Trump / Musk feud continues to make headlines. On the economic front, markets are awaiting the ISM Manufacturing data for June. PRGS to released positive earning, although stock is displaying weakness.
S&P Futures are positive this morning due to trade talks and developments on the budget reconciliation bill. Canada has officially dropped its Digital Services Tax (DST) proposal, just hours before the first payments were due. The Senate is moving forward with a vote on the reconciliation bill, officially titled the "One Big Beautiful Bill Act," with a final vote expected as early as today. The latest draft of the bill, published Friday, deals a significant setback to the renewable energy industry by sharply reducing or eliminating key tax credits for clean energy projects. On the economic calendar, employment data will be in focus this week. The Non-Farms Payrolls report is being released on Thursday due to the Friday holiday. PRGS to release earnings after the bell today.
S&P Futures are moving higher this morning mainly due to optimism on trade negations. U.S. trade deal which as previously announced, has been signed. The White House indicates that extensions are possible on the upcoming tariff deadlines. Commerce Secretary Lutnick indicated that 10 new trade deals are set to be announced soon. Banks are on watch today as the Fed will be releasing stress test results after the bell. On the economic calendar is the PCE data and also a report on consumer confidence. Nike shares are higher after its earnings release. PRGS to release earnings on Monday.
S&P Futures are trading higher this morning. The dollar is weakening, which is a positive for corporate earnings, however, a weaker dollar is also considered inflationary. Media reports indicate that President Trump is actively considering naming his pick to succeed Federal Reserve Chair Jerome Powell, with the aim of shaping a more dovish narrative around interest rates. President Trump has a "One Big Beautiful Bill event today, the event is designed to pressure GOP holdouts. There is an EU Leaders Summit today which will cover topics such as Ukraine, the Middle East, Trump Tariffs, EU Defense and migration policy. On the economic calendar is data on Weekly jobless claims, durable-goods orders for May, the third estimate for first-quarter GDP, pending home sales. Micron shares are higher after its earnings beat. NKE to release earnings after the bell today.
S&P Futures are ticking higher this morning. Fed Chair Jerome Powell is scheduled to testify before the Senate today. President Trump is in Europe attending a NATO summit, a press conference will occur later this morning. On the economic calendar is data on New Home Sales. Micron will be releasing earnings after the bell today. Nivida is scheduled to host a shareholders event today. On the earnings front, GIS & PAYX are scheduled to report this morning.
S&P Futures are showing positive action this morning and oil is falling due to the ceasefire agreement between Isreal and Iran. President Trump is in Europe this morning attending a NATO summit. Fed Chair Jerome Powell will be testifying on Capitol Hill today. Trump Administration is said to be considering an Executive Order aimed at preventing banks from refusing to do business with specific industries, such as gun manufacturers and fossil-fuel companies. On the earnings front FDX is scheduled to report after the bell today. Tomorrow morning, GIS & PAYX are scheduled to report.
S&P Futures are displaying gains this morning as markets price in the latest Middle East developments. The weekend strike on Iranian nuclear facilities is the key topic of the day as markets focus on possible retaliation from Tehran. President Trump is headed to Europe this week for a NATO summit. On the economic front today, two influential Federal Reserve members are scheduled to speak. Fed Chairman Jerome Powell is scheduled to testify on Capitol Hill tomorrow. Tesla launched its robo taxi service in Austin, TX over the weekend. Bank of New York has express interest in a merger with Northern Trust. On the earnings front KBH is scheduled to report after the bell today.
S&P Futures are lower this morning as geopolitical issues in the Middle East continue to weigh on the market's sentiment. News reports that President Trump's plans to make a decision in two-week on potential U.S. military action against Iran has yet to turn markets higher. President Trump is schedule to hold a national Security meeting later this morning. Fed policy remains on hold as officials continue to wait for inflation data to move higher due to the Trump Tariffs. Fed officials now see slower GDP growth, higher unemployment and more inflation this year versus the previous projection. On the earnings front, KR, ACN, DRI & KMX are scheduled to report this morning.
S&P Futures are essentially flat this morning with economic data in focus. This morning the weekly Jobless Claims are due out and this afternoon there is a Fed announcement on monetary policy. The update to the Dot Plot data could spark some volatility. The G7 meeting wrapped up yesterday with no trade deal news. The July 9th deadline for trade deals is weeks away and so far no deals have been announced. Israel targeted weapons and nuclear sites in Iran overnight as the conflict entered its sixth day and the U.S. is said to be considering joining Isreal in its offensive. Iran's leader is scheduled to give a speech today. The Senate yesterday passed the Genius Act to regulate cryptocurrencies. On the earnings front, LZB is lower after its earnings report. KR, ACN, DRI & KMX are scheduled to report Friday morning.
S&P Futures are moving lower as the conflict in the Middle East weighs on sentiment. President Trump left the G7 meeting earlier than scheduled without any trade deals. He posted a comment calling on the residences of Tehran to evacuate the city which has the markets on edge. The FOMC meeting starts today with an announcement scheduled for tomorrow. The BOJ left rates unchanged. Oil and defense stocks are higher this morning. Solar stocks are falling as Senate Republicans look for a full phase out of tax credits. Economic data on Retail Sales and Industrial production are due out this morning. On the earnings front, LEN is moving higher after its earnings report. LZB is due out after the bell today.
S&P Futures are displaying positive action this morning. While tensions in the Middle East remain elevated, Isreal has clearly demonstrated its superiority as they continue to focus their attacks on disabling Iran's nuclear program. The G7 meeting are underway, President Trump will be in attendance. Focus will be on Trade talks and the Middle East. There are a host of Central Bank meetings this week with scheduled announcements from the BOJ, FOMC and the BOE over the next few days. The key economic report for today is the Empire State Manufacturing index. On the earnings front, LEN will be releasing earnings after the bell.
S&P Futures are trading lower this morning as global markets weaken following the Israeli strike on Iranian nuclear facilities. The escalation in Middle East tensions has battered risk sentiment, leading to broad declines across equity markets worldwide. While markets are negative on the news, the current expectation is that the conflict will not turn into a broader regional conflict. Oil and defense stock are higher this morning. On the economic from Euro inflation data continue to moderate and today's Consumer Sentiment data is being released after the markets open. The G7 meetings kick off on Sunday in Canada, markets will be paying attrition for trade teal announcements. On the earnings front, RH is higher while ADBE is lower after earnings release.
S&P Futures are trading lower this morning as markets react to heightened geopolitical tensions and uncertainty over tariff policy. Multiple media reports indicate Israel is preparing for a possible military strike on Iranian nuclear facilities, potentially within days. High-level meetings between Israeli officials and U.S. envoys are taking place ahead of U.S.-Iran nuclear talks scheduled for Sunday. President Trump has stated he will send out tariff letters within the next two weeks but acknowledged the deadline could be pushed back, adding to market uncertainty over the timing and scope of new trade measures. BioNTech to Buy CureVac in $1.25 Billion Deal. An 11-year old BA 787 plane crashed in India sending BA shares lower. Trump backers are calling for a boycott of Walmart after a Walmart family member sponsored a "No Kings Day" add in serval newspapers. On the earnings front, ORCL is higher after their earnings release. After the bell today RH & ADBE will be reporting.
S&P Futures are trading slightly weaker this morning as the market weigh several potential catalysts for the day. The first is the ongoing U.S.-China trade talks: while both sides have agreed to abide by the Geneva agreement and have established a framework to address key issues such as rare earth exports, specific details remain unclear and markets are awaiting further commentary, with President Trump expected to make a statement on the talks later today. The key economic data point for today is the release of the Consumer Price Index (CPI), which is expected to show a moderate increase in inflation. Additionally, Treasury Secretary Scott Bessent is scheduled to testify before the House Ways & Means Committee at 10:00 a.m. ET. On the earnings front, PLAY & SFIX is higher after earnings releases, GME & GTLB are lower. After the bell today ORCL will be reporting.
S&P Futures are trading fractionally higher this morning. The U.S.-China trade talks are schedule to continue today. Media reports indicate that the U.S. appears willing to ease some technology export restrictions in exchange for China lifting or easing its limits on rare earth exports. An announcement is expected sometime today. Apple unveiled new live translation capabilities and a suite of additional AI-powered features at its annual Worldwide Developers Conference (WWDC) 2025. Major tech companies are actively lobbying the U.S. Senate to preserve clean-energy tax credits and loan funding that would be aggressively phased out under the version of the tax-and-spending bill passed by the House of Representatives last month. The key upcoming economic reports for this week include the CPI and PPI reports, along with the University of Michigan’s consumer sentiment survey. On the earnings front, CASY is higher after its earnings release. After the bell today GME & GTLB will be reporting.
S&P Futures are trading higher in a tight trading range this morning. The U.S.-China trade talks scheduled to begin today. Apple's Worldwide Developers conference gets underway today. No changes were made to the S&P 500 index in the latest quarterly rebalancing on Friday, as a result APP & HOOD are trading lower. WBD is set to split into 2 seprate companies. QCOM agreed to buy AlphaWave for about 2.4B. META is said to be in advanced talks to acquire Scale AI. On the economic front this week, it will be a relatively quiet week with attention turning to closely watch CPI and PPI reports, along with the University of Michigan’s consumer sentiment survey. On the earnings front, CASY is releasing after the bell and later this week watch for earnings announcements from ORCL & ADBE.
S&P Futures are trading higher this morning ahead of this morning Non-Farm Payrolls report. Markets remain positive on the state of U.S. China relations after a Thursday phone call between Trump and XI. The same can't be said for the Trump Musk relationship as they exchanged a series of negative comments yesterday. The comments elevated concerns on the passage of Trump's tax bill. Japanese officials are in DC today for trade talks. Tesla's auto taxi is schedule to commence service on June 12 in Austin, TX. Apple's developers conference starts on Monday. On the earnings front, LULU and AVGO are lower after earnings reports. Next week, watch for the CPI report and earnings from ORCL & ADBE.
S&P Futures are trading slightly higher this morning ahead of some important economic announcements. The ECB is expected to announce a rate cut this morning of 0.25%. Jobless Claims & data on the U.S. trade deficit are due out this morning. President Trump will be meeting with German Chancellor Merz today, discussions will likely focus on NATO, Ukraine, tariffs & trade relations. The Senate is preparing to make major changes to the Reconciliation bill. KMB is nearing a sale of its tissues business to a Brazilian firm. On the earnings front, LE, MDB & FIVE are higher after earnings reports After the bell today, AVGO, LULU & DOCU are scheduled to release earnings.
S&P Futures are trading higher this morning due to a combination of strong performance in tech stocks as well as optimism that tariffs will not be a drag on corporate earnings. In fact, one major broker released a slew of price target upgrades this morning. Comments on trade talks will continue to be in focus as the Trump administration has a deadline of today for all countries to submit their best and final trade proposals. Announcement on trade deals are expected to follow. On the economic front, THE ADP Employment report, ISM Services Index and the Fed's Beigh Book are all due out today. After the bell today, PVH & FIVE are scheduled to release earnings.
S&P Futures are displaying weakness this morning on renewed concerns over global trade. The Trump administration is asking countries to provide their best offer on trade negotiations by Wednesday June 4th. While agreements are reportedly close, the uncertainty surrounding the outcome of these talks is weighing on market sentiment. The world economy is expected to slow this year, with growth projected at 2.9% in both 2025 and 2026, down from 3.3% last year, according to the OECD. CEG is higher this morning after META signs a 20yr power contract. On the economic front, Factory Orders and the JOLT's report are due out today. After the bell today, CRWD, HPE, GWRE and HQY are scheduled to release earnings.
S&P Futures are moving lower this morning due to an escalation of trade tensions between the U.S. & China. Both sides have accused each other of violating the 90-day trade truce. President Trump said that he will be raising tariffs on steel and aluminum from 25% to 50%. The EU and the U.S. will be holding trade talks this week. Fed Chairman Jerome Powell well be making some opening remarks today, yesterday Fed governor Christopher Waller indicated that the Fed will likely be able to lower interest rates this year. Oil prices are spiking this morning as geopolitical concerns with Ukraine and Iran overtake OPEC decision to hike its output in July. On the economic front ISM Manufacturing PMI data is out today. SAIC is trading lower after an earnings miss this morning. This week's earnings announcements include, SIG, DG, HPE, CRWD, DLTR, PVH, FIVE, CIEN, DOCU, LULU & AVGO.
S&P Futures are moving slightly lower this morning as the markets await a key inflation report. Trade talks are said to be continuing, with possible announcements in June. Trump tariffs while temporarily reinstated during the appeals process, are unlikely to receive a favorable ruling. The admin has already started to pivot to different provisions of the Trade Act in an effort to retain its tariff restrictions. President Trump will be holding a press conference today at 1:30 pm as Elon Musk steps down from his role. On the economic front today are reports on PCE & Consumer Sentiment are due out. Earnings will be a key focus today. DELL, ULTA, DELL and SCHL are higher after their reports. Next week's earnings announcements include, SAIC, SIG, DG, HPE, CRWD, DLTR, PVH, FIVE, CIEN, DOCU, LULU & AVGO
CEO of AIQ Systems Steve Hill joins NewsWare's Bill Olsen to catch up on how their previous sector analysis worked out as markets have navigated the latest developments on tariffs and they offer their insight on what sectors to watch in the coming months and which ones to put on the back burner. There is at least one sector that may surprise you that is seeing some strong indicators to the upside and one classically solid sector to be cautious of moving ahead.
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Learn more about AIQ Systems at www.AIQsystems.com.
S&P Futures are displaying strong gains this morning after a federal court struck down President Trump’s tariff agenda. The Court of International Trade ruled that Trump had overstepped his authority by imposing broad, across-the-board duties and issued a permanent injunction blocking enforcement of the contested tariffs. Trump retains legal options to try to reimpose tariffs, though these alternatives may face their own legal and political hurdles. The Trump administration has ordered chip-design software makers to stop selling to China. On the economic front today are reports on GDP & Jobless Claims. Earnings will be a key focus today. NVDA, CRM, A, ELF, BURL & FUTU are higher after their reports. This afternoon, COST, DELL, MRVL, XS, ULTA and GAP will be reporting.
S&P Futures just reversed direction and are now trading higher this morning. The key event for the markets today will be the earnings report from NVDA which is due out after the bell. On the economic front, the FOMC will be releasing the meeting minutes from their recent meeting. Pharma sector is on watch as President Trump is expected to sign an Executive Order on prescription drug prices today. A host of major companies are having shareholder meeting today (GS, XOM, CVX & META. META shareholders will vote on a child safety resolution. On the earning front M, ANF, DKS are releasing before the bell, After the bell reports from NVDA, CRM, SNPS, VEEV, A, HPQ, PSTG & AI are due out.
S&P Futures are displaying strong move higher this morning in reaction to President Trumps announcement that he will be pausing the pending EU tariff hikes until July 9th. There are two important economic reports due out today, the Durable Goods & Consumer Confidence reports which are both expected to come in weak. The U.S. & Iranian talks ended with both sides agreeing to continue discussions. M&A action is heating up, CRM is back in in talks to acquire INFA & President Trump indicated he will support Nippon's offer to buy U.S. Steel. On the earning front there are a host of key earnings announcements due out this week from M, DKS, HPQ, A, CRM, NVDA, BBY, BURL, ULTA, ZS, MRVL, DELL & COST.
S&P Futures are trading slightly lower this morning, Treasury yields have eased modestly. Markets action is expected to be limited today, however there are a number of events todays. The U.S. & Iran will be having talks over nuclear enrichment. China and the U.S. are scheduled to hold trade talks today. President Trump is expected to sign an Executive Order today aimed at revitalizing the U.S. nuclear energy sector this afternoon. On the economic front there is a report on News Home Sales due out. Fed Gov Lisa Cook will be speaking today, and Fed Chairmen Jerome Powell is scheduled to speak on Sunday. On the earning front tech earning continue to be posive with INTU and ADSK posting beats - Retailors continue to pull guidance as the tariff situation clouds its outlook. Markets are closed on Monday, PDD will release earnings on Tuesday morning.
S&P Futures are trading slightly higher this morning after Wednesday’s sell-off, which was triggered by a spike in Treasury yields amid concerns about a significant expansion in U.S. fiscal debt. The House is expected to pass Trump's tax and spending bill this morning; the vote is currently underway. Robert F. Kennedy Jr.’s “Make America Health Again” report is expected to be released today. Health insurer stocks are under pressure this morning following the Centers for Medicare & Medicaid Services’ announcement of expanded audits of Medicare Advantage plans. AT&T has agreed to acquire substantially all of Lumen Technologies’ mass markets fiber business for $5.75 billion in cash. Reports on Jobless Claims and the flash PMI report for May will be released today. On the earning front SNOW, URBN, ZM & AAP are higher after their releases. After the bell today earnings reports from INTU, WDAY, ADSK, CPRT, ROST and DECK are set to report.
S&P Futures are trading lower this morning. There are news reports indicating that Isreal is preparing to launch a strike on Iran. In March, President Trump gave Iran a 60-day deadline to reach a deal, that deadline has passed. House Republicans appear close to passing their reconciliation bill, The Senate will likely make changes to the bill. If the bill passes in the House and Senate, it will likely be a negative for markets as it will increase the deficit. Yesterday, President Trump unveiled a missile defense plan, LHX shares are higher. Medtronic plans to separate its diabetes business into a stand-alone company. Take Two announced a $1 Billion stock offering. KEYS, BIDU, & LOW are higher after earning announcements. After the bell today SNOW, ZM and URBN are set to report. On Thursday morning ADI, BJ & RL will repor
S&P Futures are trading lower this morning as the markets showing concern on the U.S. fiscal policy with President Trump's tax bill in focus. This morning, President Trump is scheduled at the House GOP Conference Meeting in an attempt to unify Republicans behind his sweeping tax and spending bill. His visit comes at a pivotal moment, as GOP leaders face significant internal divisions over the bill’s provisions and its impact on the national deficit. Several fed members are schedule to speak this morning, odds of the next rate cut are being pushed back to Sept. HD, BILI & PONY are displaying gains this morning after earning announcements. After the bell today KEYS and PANW will be releasing. A host of retailors are scheduled to report earnings tomorrow morning including TJX, TGT & LOW.
S&P Futures are weakening this morning in a reaction to Moody's lowering its credit rating on the U.S after markets closed on Friday. The downgrade was not unexpected as Fitch and S&P have already lowered their ratings. President Trump’s sweeping tax-cut bill advanced through the House Budget Committee on Sunday night, overcoming a major hurdle after days of internal Republican disputes. Also, President Trump is scheduled to hold a call today with Russian President Putin today at 10:00 am to discuss a path forward to end hostilities with Ukraine. The key economic event in the week ahead will be the release of S&P Global manufacturing and services PMIs, along with data on existing and new home sales. Upcoming earnings reports from Target, Home Depot, and Lowe’s will be closely watched for how these major retailers are adapting to the evolving tariff landscape and broader economic headwinds.
S&P Futures are positive this morning on the prospect of additional trade deal to be announced. President wraps up his Middle East tour today. He has indicated that the UAE will invest in US produced semiconductors, he also indicated that the U.S. will set tariff rates for its trading partners within the next few weeks. Housing data is in focus this morning along with the U of M Consumer Sentiment report. WMT has indicated that it will start to raise prices due to the additional cost associated with the Trump tariffs. Charter Communications and Cox Communications are set to merge. Boeing gets another plane order from Etihad Airways for 28 planes valued at $14.5B. AMAT, TTWO & CAVA are lower after earnings announcements. Next week HD, PANW, TGT, TJX, LOW, SNOW, DECK, ADSK & INTU are scheduled to report.
S&P Futures are moving lower this morning ahead of a number of important economic data reports due out this morning. President will be in Abu Dhabi today for discussions on advancing the countries AI ambitions. Yesterday, he was cautious optimism that a nuclear deal with Iran is near which is causing oil prices to slide. Russia Ukraine peace talks are scheduled for today in Turkey, expectations for a breakthrough are low. DKS to buy Foot Locker. The DOJ probe into Medicate billing practices of UNH has been going on since last summer. CSCO WMT and NICE are higher this morning on earnings beats. DE is indicated higher. Earnings expected after the bell today include CAVA, AMAT & TTWO.
S&P Futures have been displaying little movement this morning, but are currently moving higher. The economic calendar is rather muted today. President Trump remains in the Middle East, today he is in Qatar and is expected to continue to announce trade deals. Yesterday he announced a $600b commitment from Saudi Arabia for investment in the U.S. Later this morning, Boeing is on watch as Qatar may be planning a large plane order for Boeing jets. Earnings announcements for CSCO and CRWV are expected after the bell today. Tomorrow morning, WMT, BABA, DE & NTES are scheduled to report.
S&P Futures are displaying some weakness this morning. The recent leg higher is due to the reduction in tariffs between the U.S. & China and this morning markets are seeing some profit taking. The CPI report for April is due out this morning before the opening bell. The latest draft of the budget bill is calling for $715b cuts in Medicaid and the Affordable Care Act over 10 years. President Trump is in the Middle East today on a deal making trip. He is expected to announce dozens of business agreement ranging from weapon sales to deals on AI, energy and space. China removed its ban on Boeing airplane deliveries. COIN is being added to the S&P 500 and AMZN announced a delivery deal with FDX. Few important earnings announcements schedule for today. JD release a beat, yet the stock is trading lower. Cisco and CoreWeave are schedule to report on Wednesday.
S&P Futures are displaying strong gains this morning as markets react to the latest news on the U.S. and China trade talks. The U.S. & China will be lowering tariffs by 115% for the next 90 days and agreed to continue trade talks. Healthcare stocks are weakening as President Trump is expected to sign an executive order on drug pricing today. Defense stocks are on watch as Russia and Ukraine appear ready for peace talks. House Republicans have released a new plan to cut Medicaid spending, opting for a compromise approach after internal debate between party centrists and hardliners. the House GOP plan represents a significant but less extreme reduction in Medicaid spending, shaped by intraparty negotiations and concerns over the potential impact on vulnerable populations. Earnings season remains in focus, with major reports due out this week from Cisco, Tencent, Alibaba, SoftBank, Walmart, and Target.
S&P Futures are positive higher this morning. Trade talks between the U.S. and China this weekend are in focus. President Trump indicated a major announcement this weekend and indications are that the White House will be lowering its tariffs on China, but they will likely remain elevated. Interesting data point were the figures on China exports which came in positive by 1.8% for April. Apparently, goods were rerouted to various Asian countries and away from the U.S. as exports to the U.S. tumbled. The Trump administration is likely to rescind some of the Biden-era AI chip curbs. Fed Speak highlights the economic calendar today as there are a host of Fed officials scheduled to talk today. Fed governor Adriana Kugler spoke this morning and indicated that unemployment at 4.2% is likely near the Fed's maximum unemployment goal. On the earning front, MCK, NET, DKNG, TKO, TTD, PINS & MCHP are higher after their earnings announcements.
S&P Futures are seeing a strong move higher this morning as President Trump is expected to announce the framework of trade agreement with the U.K. this morning. The UK deal is widely seen as the easiest to secure, given the close economic and cultural ties between the two countries and their nearly balanced trade flows. In Fed Chairman Jerome Powell's press conference yesterday, he was cautious on the state of the economy due to the latest confidence data and indicated that the Fed will need more data before taking any monetary policy action. COST reported strong April sales data last night. Key economic data point for today is this morning Jobless Claims report, estimates are for the number to come in at +230k. On the earning front, APP, BUD, CVNA are higher after their earnings announcements, ARM and FTNT are lower. After the bell today MCK, COIN, NET, DKNG & TTD are set to report.
S&P Futures are displaying gains this morning as the market reacts to the latest trade related news. After the bell yesterday it was announced that the U.S. and China will meet this week to start trade negotiations. This afternoon there is a Fed announcement along with a Powell press conference. A change in rates is not expected as the Fed is inclined to wait for more data - Markets are currently expecting a rate cut to occur in the July meeting. On the earning front, AMD and ANET both reported beats last night, but the reports were not entirely positive. NVO & DIS are higher after their earnings announcements. After the bell today ARM, APP, FTNT & CVNA are set to report.
S&P Futures are weakening this morning as tariff concerns remain a negative for the markets. President Trump signed an executive order late yesterday to make it easier for pharmaceutical companies to manufacture medications in the U.S. Later today, President Trump is schedule to meet with Canadian Prime Minister Carney. Doordas. agrees to by Deliverzoo. UBER announced a partnership with Pony AI to deploy robotaxis. On the earnings front, PLTR met expectations on higher revenue, F withdrew its guidance for the year citing economic uncertainties. After the bell today, ADM & ANET are scheduled to release. On the economic front, this morning's a trade data report is scheduled for release.
S&P Futures are displaying weakness this morning as markets head into an active week ahead with trade talks, Central Bank meetings and a host of key earnings announcements scheduled to occur. The biggest weekend headline came from OPEC as they indicated that addition production hikes are being considered with a rift between OPEC member on full display. At this weekend's Berkshire Hathaway meeting, Warren Buffet announced his intention to retire at the end of the year. President Trump announced tariffs on foreign made moves on Sunday. Disney's Thunderbolt movie had a successful opening. On the economic front, this morning's is the ISM services data. ZBH released an earning beat this morning while L & CNA missed. After the bell today PLTR, VRTX, F & CLX are scheduled to report.
S&P Futures are trading higher this morning with markets displaying positive action on an easing of trade tensions between the U.S. & China. China said that it was mulling a halt to the trade war, but only if the U.S. considered canceling unilateral tariffs. Markets continue to focus on earnings, AAPL and AMZN are displaying losses this morning are earnings releases Thursday night. Next week PLTR, F, DDOG, AMD, ANET, UBER, DIS, NVO, ARM, APP, DASH, SHOP, MCK, DKNG & COIN are set to release. On the economic front, this morning's Non-Farms Payrolls report will be widely watched. There is an FOMC meeting next week, the Fed is expected to make to changes to its interest rate policy.
S&P Futures are displaying strong gains this morning as big tech earnings delivered solid Q1 results. After the bell today, AAPL, AMZN, AMGN, ABNB, RDDT & ROKU are scheduled to report. Trump on Wednesday hinted at progress in trade talks with Japan, he also cited the possibility of trade agreements with India and South Korea, and voiced optimism about a deal with China. China has indicated that it may be open to trade talks with the U.S. Key economic data point for today will be the ISM Manufacturing data. Oil prices continue to slide as Saudi Arabia indicates that it is prepared for a prolonged period of low prices.
S&P Futures are displaying some weakness this morning. On the economic front this morning the Q1 GDP data will be closely monitored. Overnight, China released its factory order for April which came in weak due to the Trump tariffs being implemented. CAT, CZR, GEHC, GNRC, & V are trading higher after their earnings releases. Visa announced a $30B buyback while GEHC announced a $1B share buyback. After the bell today, MSFT, META, QCOM, KLAC & HOOD are scheduled to report. A total of 50, S&P 500 firms are scheduled to report earnings today.
S&P Futures are giving up early morning gains and are now trading lower. Key news stories this morning is the pending announcement from the Trump Administration that they will be lowering some tariffs on auto parts. Earnings remain a key focus for today. PFE, HON, HLT & UPS are trading higher after their earnings releases. After the bell today, V, SBUX, MDLZ & PPG are scheduled to report. The next three days feature a flood of first-quarter earnings from large U.S. and international companies. On the economic calendar for today is the latest Consumer Confidence reading and the JOLTs report.
S&P Futures are weakening this morning as the market heads into a key trading week. Treasury Secretary Scott Bessent defended the Trump administrations tariff plan over the weekend and said that he expects a "de-escalation" with China in the short term, followed by an agreement in principle before an actual trade deal is worked out in the coming months. He is schedule to give an interview this morning at 8:00 am with CNBC. Fed officials have entered into a blackout period ahead of the upcoming Fed Meeting next week. The week ahead has a host of key economic reports due out including GDP, PCE, & Non-Farm Payrolls. Earnings Seasons is here with reports due out this week from HON, PFE, KO, V, SBUX, MSFT, META QCOM, AMGN, AAPL & AMZN.
S&P Futures are weakening this morning after multiple days of strong gains. Earnings and Trade Talks are the key themes for the day. Google released a strong earnings report yesterday; their operating income was a key highlight. Both the U.S. and China appear to be ready to start to de-escalate the trade tensions which is a key step that needs to happen in order for talks to begin. The U.S. will be announcing trade deals with South Korea, India and possibly Japan. The deals will be more political theater than a true agreement. On the economic front today is the final consumer sentiment reading for April from the Universite of Michigan. Earnings Seasons picks up next week with reports due out from HON, PFE, KO, V, SBUX, MSFT, META QCOM, AMGN, AAPL & AMZN. Q1 tech earnings have been coming in better than expected.
S&P Futures have reversed course and are now trading flat to higher this morning. Global trade talks and earnings announcements are in focus today. Inconsistent messaging from the White House remains a key source of volatility for the markets. On Wednesday, Treasury Secretary Bessent outlined hopes for a "big deal" with China, yet Chinese officials have said that no trade takes are underway. China's Politburo meeting is scheduled for late this month. On the economic front, report on Jobless Claims, Durable Goods and Existing Home Sales are set for release today. Earnings reports have been coming in better than initial expectations, forward guidance remains a concern. After the bell today, GOOG, TMUS, GILD, & INTC are scheduled to report.
S&P Futures are displaying a strong move higher this morning. President Trump indicated that he has no plans to remove Fed Chair Jerome Powell from his position. He also indicated that his 145% tariffs on China will come down substantially. There are reports that Trump will meet with Chinese President XI in early May. Comments from Treasury Secretary Bessent were also bullish as he indicated his belief that a trade deal with China can be reached. Trade deals with India and Japan are said to be close. However, these agreements are expected to be broad in scope and light on details. President Trump is expected to sign Executive Orders today on reducing the cost of prescription drugs and also on government efficiency and regulatory reform. This morning the flash PMI data is set to be released before the markets open and the Fed's Beigh Book in the afternoon. TSLA is trading higher this morning after negative earnings release, profits fell by 71%. Musk indicated that he will be cutting back his work at the White House to spend more time on TSLA. EU regulators have fined AAPL & Meta for violations of its Digital Markets Act. After the bell today, IBM, NOW, TSN, CMG & DFS are scheduled to report.
S&P Futures are trading higher this morning and today session will focus on earnings. GE, DHR & ELV are all higher after their earring's releases. After the bell today, markets will hear from TSLA, SAP, CB, PKG & ISRG. A host of Fed officials are schedule to speak today, they are likely to continue to point out the need for the Fed to be independent of political pressure. Reports indicate that the U.S. has made significant process on the trade deal with India. The Trump administration intends to press India to give online retailers such as Amazon and Walmart full access to its $125B ecommerce market. Equifax (EFX) announced a $3B share buyback program this morning.
S&P Futures are trading lower this morning however the liquidity is rather low as most exchanges across the globe remine closed for the Easter holiday. Tariff and trade talks remain the key factor for the markets. Discussions on tariffs with South Korea and India are scheduled for this week. President Trump continues to press Fed Chair Powell to lower interest rates which Powell is reluctant to due ahead of a possible increase in inflation this summer. The Justice dept antitrust trial continue today. NFLX is higher this morning after announcing positive earnings results on Thursday. China is warning countries not to make trade deals with the U.S. Huawei Technologies plans to start mass shipments of its AI chip to Chinese customers which is negative for NVDA. The week ahead is a big week for earnings announcements, reports from MMM, MCO, LMT KMB, RTX, VZ, SAP & TSLA are scheduled for tomorrow.
S&P Futures are displaying gains after yesterday's heavy selling pressure. Markets are reacting to President Trumps positive indication at the conclusion of the trade talks with Japan. Later today President Trump is scheduled to meet with the PM of Italy. Central banks news remains in focus with the ECB expected to announce a 25-basis point rate cut at 8:15am. Fed Chair Powell was hawkish in his comments yesterday and said that the Trump tariffs may create a "challenging scenario" for policymakers." TSM is trading higher after its earnings & guidance release. The CEO said that they are not in joint venture talks with INTC. UNH is falling after an EPS miss and lower guidance. This morning on the economic calendar is the weekly jobs report and housing data (housing starts & building permits). After the bell today, NFLX is scheduled to release earnings.
S&P Futures are in the red this morning as sentiment is weakening. After the close yesterday NVDA announced that they will be subject to export restriction for its H20 chip which is sold to China. China generated $17B or 13% of NVDA total sales last year. China has indicated that it is open to trade talks with the U.S. White House trade officials are said to be asking countries to limit trade activities with China in return for tariff relief. This is being done to isolate China to achieve a better trade deal. Chinese economic data was strong overnight, as business activity ramped up ahead of tariffs. The tariff damage will likely start to show in next month economic data. Market will be hearing from Fed Chair Jerome Powell this afternoon. He is expected to reiterate the strength of the U.S. economy and acknowledge uncertainty ahead due to the Trump Tariffs. On the economic calendar today is the Retail Sale report. This afternoon, LVS, CSX, KMI and AA are schedule to report earnings. On Thursday morning, TSM, UNH AXP & DHI will be reporting.
S&P Futures are moving higher mainly due to optimism on tariff exemptions. The Trump tariff narrative remain the key focus as the White House indicates that that it is looking to help the auto sector. Pharma & semiconductor stocks are on watch as they are under review by the Trump tariff team. China has suspended jet deliveries from Boeing in retaliatory move. U.S. trade officials met with EU's trade representative yesterday, the demands from the Trump administration will be difficult for the Eurozone to agree to. Mining stocks are displaying gains due to a report that indicates President Trump has plans to stockpile critical metals to counter China. On the economic calendar today are reports on Import Exports prices and the Empire state Manufactuing index. JNJ, BACPNC & ERIC are higher after earnings announcements. Caterpillar named a new CEO.
S&P Futures are displaying strong gains this morning due to tariff exemptions on consumer electronics. The Trump administration temporary tariff exemptions on tech products are providing some short-term relief for the sector however they remain subject to the 20% fentanyl tariffs. The Trump administration is expected to provide additional clarity later today. The dollar remains weak ahead of the ECB meeting later this week where a rate cut is expected. President Trump is scheduled to meet with the president of El Salvador today. The U.S. is scheduled to hold trade talks with the EU and Japan this week. The economic calendar is rather light this morning, later this morning there is a report due out on Consumer Inflation Expectations. Markets are awaiting this morning's earnings reports from Golman Sachs.
S&P Futures are moving higher this morning, reversing from sharp overnight losses as Treasury yields backed off worrisome levels. The trade war between the U.S. and China continues to escalate as China lifts its tariffs on U.S. goods to 125%. China indicated that this will be their last tariff increase on the U.S. President Trump indicated a willingness to hold trade talks with China yesterday. On Monday the U.S. and the E.U are scheduled to hold trade talks. On the economic calendar, PPI final demand for March is due out today. Markets are reacting positively to this morning's earnings reports from JPM, BLK, BK & WFC.
S&P Futures are displaying weakness after yesterday's strong rally, the move lower is considered to be as a result of profit taking. While the 90-day tariff pause was a positive catalyst for markets yesterday, there remains a significant amount of uncertainty as to what will occur after the pause period ends. The Trump administrations economic plan remains a key concern for the markets due to the chaotic nature in policy shifts. Then there are the trade relations with China which are fragile at best as the Trump administration increased the Chinese tariffs and appears to be shifting towards an economic decoupling. On the earnings front KMX is trading lower as they missed on earnings expectations. Tomorrow is the start of earnings season with a host of the major backs set to report. On the economic front the March CPI data & the weekly Jobless Claims data is due out before the bell. There is also a significant number of Fed officials speaking today.
S&P Futures are extending their losses this morning as the tariff induced sell-off continues. Markets are reflecting anxiety over the escalating U.S.-China trade tensions as China tariffs are now at 104% on imports. U.S. Trade Representative Jamieson Greer spoke to the Senate Finance Committee yesterday and said that President Trump won't provide exemptions to his new global tariffs for individual products or companies. Greer is scheduled to appear before the House today. Trump spoke at an event last night an indicated that he is planning tariffs on pharmaceuticals in the near futures. Key economic event for the day will be the release of the Fed meeting minutes. This morning DAL released better than expected earnings. the bar was low as the company slashed its guidance in March.
S&P Futures are displaying gains this morning as multiple days of declines is not sustainable. There is a slight change in the tariff narrative back to negotiations which may not hold. President Trumps has shown a willingness to continue to move forward with his tariffs and yesterday he threatened China with an additional 50% tariffs if they move forward with retaliation. The markets remain highly sensitive to trade issues and commentary from the Trump Admin tariff policy. U.S. Trade Representative Jamieson Greer is scheduled to testify before the Senate Finance Committee today at 10:00 am to defend the presidents tariff policy. Health insurance stocks are higher as Medicare plans to substantially increase payment rates next year. AVGO announced a big buyback last yesterday and LEI delivered a positive earnings report. DAL is scheduled to release earnings tomorrow morning. Markets will be focused on forward guidance this earning season.
S&P Futures are off by more than -1.50% this morning as Trumps tariffs continues to create volatility in the markets. There is little political pressure on the president to change course. White House officials attempted to calm the markets with various interviews over the weekend, however markets are continuing to weaken. JPM CEO Jamily Dimon released his annual letter to shareholders and indicated that the Trump tariffs are likely to increase inflation. President Trump is schedule to meet with Israeli Prime Minister Netanyahu today to discuss tariffs.
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S&P Futures are continuing to decline due to the Trump tariffs actions. China has hit back as they will impose an additional 34% tariff on all imports coming in for the U.S. effective April 10th. China's move only increases the negative sentiment, and the odds of a recession are increasing. Markets will be hearing from Fed Chair Jerome Powell late this morning and he will attempt to calm the markets. However, sentiment is eroding fast and without action to remove the Trump tariffs market can continue to fall. The key economic reports due out today is the Non-Farms payrolls data for March. Earnings season starts next week, and forward guidance announcements are likely to be lowered for most companies.
react to President Trump's tariff announcement. The new tariffs rates were worse than the market had expected, the only positive is that foreign countries have not yet hit back with their own tariffs. The tariff increase is expected to be a drag on earnings for the next several quarters and will likely cause a spike in inflation. White House officials are expected to attempt to place a positive spin on the elevated tax rates in an effort to calm markets today. Treasury Secretary Bessent spoke after the announcement and appeared to distance himself from the decision making. Key economic reports due out today include the Jobless Claims Report and the ISM Services PMI data. RH is lower after the company's big earnings miss last night. GES is schedule to release after the bell today.
S&P Futures are moving lower as markets are awaiting President Trump's tariff announcement which is expected to occur at 4:00 pm. He may also be announcing his TikTok decision. Tesla is scheduled to release its Q1 delivery data today. Walmart is said to be continue to put pressure on Chinese suppliers despite a plea from China's government. Key economic reports due out today include the ADP Employment report & Factory Orders. Goldman Sachs lowering its forecast for end-2025 two- and 10-year U.S. Treasury yields. NCNO is lower after earnings miss last night. RH is schedule to release after the bell today.
S&P Futures are displaying weakness this morning as the markets continue to await clarity on the tariff situation. U.S. auto manufactures are making a push to exclude certain car components from tariffs. President Trump is expected to sign Executive Orders today related to national security and economic policy. There is a press conference today at noon. Key economic reports due out today on the ISM Manufacturing and JOLT's data. A Texas court rejected JNJ use of Chapter 11 for its talc cancer fund. PVH and PRGS are higher this morning after earnings releases.
S&P Futures are continuing to move lower this morning as the markets prepare for Trump's tariff announcement on Wednesday. Multiple reports came out over the weekend indicating that the tariff announcement may be harsher than initially anticipated. The S&P is down over 5% on the year. Over the weekend, President Trump indicated more tariffs on Russian oil if a deal is not reached to end their war with Ukraine. He also issued a threat to bomb Iran if an agreement is not made on its nuclear program. Employment data will also be in focus this week, on Friday the Non-Farms payrolls report is scheduled for release. After the bell today, PRGS and PVH are scheduled to report earnings.
S&P Futures are flat to lower this morning ahead of a key inflation report. The PCE report will be a key focus for the markets today. Sentiment remains cautious ahead of Trumps tariff announcement next week. The CoreWeave (CRWV) IPO starts trading today, priced at $40. Musk indicated last night in an interview that his work at DOGE is almost done. LULU delivered positive earnings last night, yet the stock is trading lower due to its forward guidance.
S&P Futures are displaying little movement this morning as markets react to President Trump's announcement on autos and auto parts. Part II of his tariff announcement is scheduled for April 2nd. Focus today will continue to center on trade tariffs. In the pre market today there are two important economic reports due out, GDP & Jobless Claims. OpenAI is close to finalizing a $40 billion funding round led by SoftBank. LULU is scheduled to release earnings after the bell today.
S&P Futures are displaying some weakness this morning as markets continue to focus on the April 2nd tariff announcement EU Trade Commissioner Maros Sefcovic met Tuesday with U.S. officials in Washington for what he said were substantive talks. A trade official from Mexico will be meeting with White House officials later today/tomorrow. The Trump Administration has added dozens of Chinese companies to its trade blacklist yesterday. The key economic report due out this morning is the report or Durable Goods orders. DLTR is said to be in a deal with a private equity group to sell its Family Dollar stores for $1B. A decision on TikTok U.S. ownership could happen next week.
S&P Futures have started to move higher this morning as markets remained focused on the details of the pending Trump tariff announcement on April 2nd. An EU trade negotiator is in Washington today for additional trade talks. A joint statement from Russia and the U.S. on yesterday's peace talks is expected today. Key economic reports are due out this morning on housing and consumer confidence. Boeing is seeking to withdraw it plea deal on 737 Max crashes. CVX received an extension for its Venezuelan operations. KBH missed on earnings last night, this morning MKC released earnings that were lower than expectations.
S&P Futures are displaying a strong move higher this morning with the focus on the expectations that Trump tariff announcement will be more targeted than feared. As a result, markets are displaying gains in chips, drugs and auto stocks. Tariff news will remain a key source of volatility for the week ahead. After the opening bell, markets will digest the flash PMI data releases. U.S. and Russian officials are meeting in Saudi Arabia to discuss a ceasefire. The U.S. & China are stepping up diplomatic efforts and laying the groundwork for a Trump / Xi meeting. KBH is set to release earnings after the bell today and MKC is schedule to release tomorrow morning.
S&P Futures are weakening this morning as the markets is now focused on the pending Trump Tariff announcement which is scheduled for April 2nd. Travel stocks are moving lower this morning as London's Heathrow airport has been closed due to a fire at a nearby electrical substation. President Trump & Defense Secretary are scheduled to speak at 11:00 am this morning. On Sunday, the China Development Forum begins, CEO's from QCOM, FDX, MA, AVGO, PFE are expected to attend. FDX, NKE & LEN are lower after earnings announcements. Macro uncertainties in the world is likely to be a key theme when earnings season kicks off next month.
S&P Futures just moved from flat to lower. The Fed left rates unchanged. They continue to project two rate cuts this year but warned of an uptick in inflation & unemployed for this year. President Trump is expected to sign an Executive Order today aimed at closing the Dept of Education. Chevron lobbied the president for a two-month extension to his order to shut down its operations in Venezuela. Western European nations are holding discussions to provide Ukraine with a peace keeping force. Jobless Claims are due out before the opening bell, expectations are for a reading of 225k. After the open, Existing Home Sales are due out, a reading of 3.95m is expected. Earnings are in focus today with NKE, FDX, MU & LEN set to report after the bell today.
S&P Futures are trending higher this morning as the market prepares for this afternoon announcement on monetary policy from the Fed. No changes in rates or Dot Plot expectations are likely. President Trump's pending tariff action remains a key pending factor for the economy which Fed Chairman Powell will likely avoid commenting on during his press conference. President Trump is scheduled to meet with top U.S. oil executives today to discuss boosting domestic energy production. ADSK is higher as Starboard Value is expected to launch a proxy fight. Fitch Ratings lowered its outlook on global growth & raised its inflation expectations for the U.S. SIG is higher after its earnings release this morning. After the bell today, FIVE will report and tomorrow morning ACN, DRI, FDS & JBL are scheduled to report.
S&P Futures are displaying weakness this morning ahead of a host of economic reports, rising geopolitical tensions and the start of the Fed meeting. Tensions in the Middle East are rising as Isreal launched airstrikes in Gaza this morning. President Trump to speak to Russian's Putin today on Ukraine war. Putin is demanding a suspension of all weapons deliveries to Ukraine during the proposed ceasefire. Trump's tariff policies remain rather vague as the administrations is working on its messaging, however tariff are a negative catalyst. Google is said to be continuing its talks with cybersecurity firm Wiz on a potential $30b deal. NVDA conference starts today. ADBE Summit 2025 investors meeting is today after the market closes. TME is higher after its earnings announcement and news of a $1b share buyback.
S&P Futures are negative this morning as markets react to Treasury Secretary Bessent comments about not being concerned about the recent selling pressure in equities. Bessent’s comments reinforced the view that the Trump administration is unlikely to consider markets reaction to its policy changes. This morning's key economic release will be the Retail Sales data. Nivida's GPU Technology conference starts tomorrow. In the week ahead, there is a Federal Reserve monetary policy meeting and Fed officials will be updating their Dot Plot estimates on the forward path of interest rates. President Trump to speak to Russian's Putin tomorrow on Ukraine war. China is preparing a stimulus announcement. NKE, MU, FDX, ACN FIVE, GIS are all releasing earnings this week.
S&P Futures are showing positive gains this morning due to expectations that a government shut down will be avoided. Senate Majority leader Chuck Shumer announced that he will be backing the bill. The announcement of press briefing in China on Monday has markets expecting stimulus action. President Trump will be at the Justice Dept this afternoon to discuss his agenda. Key economic reading for today will be the Consumer Sentiment data from the Univ of Michigan, the report will contain inflation expectations. ULTA, DOCU & SMTC are higher after releasing positive earnings last night.
S&P Futures are flat to higher this morning as the market awaits economic releases on Jobless Claims data and the Feb PPI data. Trump tariffs continue to weigh negatively on the sentiment. President Trump indicated that he would respond to the EU countermeasures. Upcoming market catalysts for next week includes the potential government shut down, NVDA CEO speech and the FOMC meeting. April 2nd remains a key date on the calendar as President Trump is expected to implement a new round of tariffs. Intel names former board member Tan as permanent CEO. FTC plans to continue with its action on big tech firms MSFT & AMZN. After the bell today, SSTC, DOCU & ULTA will be releasing earnings.
S&P Futures are moving higher this morning after a tumultuous trading session on Tuesday. The Trump administration's 25% tariffs on all steel and aluminum imports went into effect today. The European Union announced retaliatory tariffs that will start April. CPI data is due out before the opening bell and a softer reading is expected. TSMC has approached Nvidia and other U.S. chip companies about taking stakes in a joint venture that would operate Intel's factories. Congress passed a Continuing Resolution bill, Senate approval will prove more difficult. After the bell today, ADBE, CCI PATH, S and AEO will be releasing earnings.
S&P Futures are displaying slight gains after yesterday sell-off. Markets are showing concerns with elevated premiums in tech stocks and President Trumps economic agenda / tariff action. Delta Airlines cut their Q1 guidance and indicated the reduction in consumer and corporate confidence caused by macro uncertainty. President Trump is scheduled to meet with the CEO's of CSCO, JPM & C today. Congress may vote on the Continuing Resolution bill today; passage of the bill remains challenged in both the House and the Senate. Shares of ORCL & DKS are moving lower after their earnings announcements.
S&P Futures are falling this morning as markets fade Friday's positive comments on the economy from Fed Chair Powell. In an interview over the weekend, President Trump said the economy faces a period of transition and did not rule out a recession. Economic data out of China over the weekend came in weak. Inflation data is on tap this week with report on CPI & PPI due out. Congress is working on a bill to avoid a government shutdown later this week. On the earning front reports are due out this week include ORCL, KSS, DKS, CASY, ADBE, & ULTA.
S&P Futures are positive this morning ahead of today's Non-Farms Payrolls report this morning. President Trump is holding a Crypto Summit at the White House today, last night he signed off on the creation of a strategic bitcoin reserve. Fed Chair Jerome Powell is scheduled to speak today. Tariff news continues to dominate the sentiment, markets react negatively to uncertainty and tariff process has been highly chaotic. On the earning front, AVGO, GAP and GWRE are higher after their releases. Earnings reports due out next week include ORCL, KSS, DKS, CASY, ADBE, & ULTA.
S&P Futures are displaying a strong move to the downside this morning with the focus on employment data and trade policy. Employment data trends have been weakening and todays Jobless claims report will be a key data point ahead of tomorrow's Non-Farms Payrolls report. Tariff news continues to move markets. President Trump's decision for a one-month reprieve on auto tariffs is a minor move considering that his administration has tariff action plans on every trading partner / product category which are expected to be announced over the coming months. Markets react negatively to policy uncertainty and nervousness is clearly evident in the recent economic reports. On the earning front, JD M, and ZS are higher after their releases. After the bell today results are due out from AVGO, COST, GAP & HPE.
S&P Futures are moving higher this morning as Commerce Sec indicated that the Trump Administration may announce a tariff reduction on Canada and Mexico today. European markets are displaying a strong upside move on new spending plans out of Germany. China talked stimulus action in the Two Sessions meeting. Trumps address to a joint session of Congress did not provide any new details of his economic plan and did not indicate a possible tariff reduction announcement on Canada and Mexico. CRWD earnings announcement disappointed the markets and shares are lower. After the bell today, MRVL, VEEV, ZS & MDB are scheduled to release. Jazz Pharmaceuticals to acquire Chimerix for $8.55 per share. evening. ECB rate announcement is scheduled for tomorrow. Congress remains challenged to advert a government shutdown next week as funding runs out on March 14th.
S&P Futures are cautiously lower this morning as President Trump's trade tariffs go into effect. China and Canada have already responded by slapping tariffs on U.S. goods, and Mexico is expected to do the same. Shares of WBA are higher this morning on reports of a pending buyout deal. HON is said to be close to a $2.2B deal for Syndyne. Target released better than expected earnings this morning. After the bell today CRWD, FLUT, ROST & BOX are set to report. RFK jr is shaking up the committee that advises the government on vaccine approvals. President Trump is set to speak to a joint session of Congress this evening. Oil is trading at a 4-month low as OPEC prepares to raise production.
S&P 500 Futures are moving higher this morning as we start a new month and a new week. Markets are awaiting the latest announcements when it comes to possible Trump tariffs. Investors also prepare for a big week of retail earnings including releases from #TGT, #JWN, #ROST and #ANF. One key economic report due out today after the opening bell.
S&P Futures are cautiously higher this morning as global markets weaken due to policy uncertainty as President Trump continues his tariff rhetoric. Before the bell today, the PCE data is due out, which is a key inflation indicator. At 1:00 pm ET, President Trump will hold a press conference with Ukraine President Zelensky. On the earnings front, ASDK & ESTC reports were positive, DELL & HP were okay, however NTAP's was negative. Next week there are a host of retailers set to report earnings. Looking ahead to next week, President Trump will deliver his State of the Union address, ISM data on services and manufacturing and the Non-Farms payrolls are due out.
S&P Futures are once again displaying strong gains in the pre-market. Nvidia delivered a strong earnings report and is moving higher, report did indicate some weakness in margins. President Trump issued a warning on EU tariffs, specifically on autos. There are media reports suggesting that the EU and India are working towards concession to avoid the tariff action. Therre are a host of economic report this morning with Jobless claims and Durable Goods Order in focus. Aside for NVDA positive earnings report, SNOW & SNPS are higher after their releases. After the bell today watch for earnings from DELL, ADSK, NTAP & NTRA. President Trump is scheduled to meet with the Prime Minister of the U.K today.
S&P Futures are displaying strong gains this morning as the market react to earnings reports and a lessening of geopolitical tensions. On the earnings front AXON, INTU & WDAY all delivered positive results last night. BUD & LOW are higher this morning after earnings. Geopolitical tensions are falling as the U.S. and Ukraine will soon be signing a mineral rights for security guarantees agreement. The House passed a blueprint for its reconciliation bill overnight. President Trump is scheduled to hold a cabinet meeting today; the State of the Union speech is next week. MMM is holding an analyst meeting today. After the bell today the focus will be on earnings with NVDA, CRM & SNOW all set to report.
S&P Futures are weakening this morning on cautious sentiment. President Trump indicated that he is moving forward with tariffs on Mexico & Canada. Later this morning the Conference Board will be updating the market on Consumer Sentiment. Friday U of M data indicated eroding sentiment due to trade policy. HD is falling due to forward guidance in its earnings release. TSLA is lower as EU January sales data came in weak. Tech stocks are in the red on talk of additional export restrictions to China. After the bell today, earnings are due out from INTU, WDAY, KEYS, CAVA & CART. Progress was made for a budget deal; however the reconciliation bill remains stalled.
S&P Futures are moving higher in a rebound from Friday's sell-off. The weakness on Friday was due to growth concerns as policy changes in Washington created weakness in sentiment data. President Trump is meeting with the French President today at 12:20 pm and a press conference is scheduled for 2:00 pm. House Judiciary Chair Jim Jordon is demanding clarification on the enforcement of the E.U.'s Digital Services Act which appear to focus on U.S. companies. Key earnings reports due out this week include HD, INTU, NVDA, SNOW, CRM DELL & HPQ. Berkshire Hathaway's fourth-quarter operating earnings rose 71% on strength in the company's large insurance operations. DPZ is moving lower this morning after its earnings release this morning.
S&P Futures are flat to high on limited volatility this morning. Chinese retailers are displaying strong gains on BABA eps results and AI strategy. SFM, DBX & PODD are all lower after earnings releases overnight. Next week earnings reports are due out from DPZ, HD, INTU, LOW, TJX, SNOW, CRM & NVDA. The Senate passed a budget blueprint overnight, the bill still faces a roadblock in Congress. Troubled Japanese car manufacturer Nissan is looking for a new partner, TSLA is being floated as a possibility. Flash PMI data is due out after the opening bell today. In the EU, Germany is schedule to hold elections on Sunday.
S&P Futures are moving lower this morning as markets continue to adjust to President Trumps agenda. President Trump signed an Executive Order for a massive regulatory review and indicted that a trade deal with China is possible. Meanwhile the Defense Secretary tells Pentagon to plan for 8% budget cuts. Dometic political risks may start to weigh on the markets in the coming weeks as there are multiple sources of concerns including tariff risks, the reconciliation bill and the debt ceiling negotiations. Shares of WMT are lower after this morning's earnings announcement. After the bell today earrings reports are expected for LYV, PODD, SDM, TIVN & OLED. Jobless Claims due out before the opening bell and there is a host of Fed Speak scheduled for today.
S&P Futures are moving higher this morning ahead of the release of housing data before the opening bell this morning. The Fed will be releasing its meeting minutes this afternoon. President Trump continues to restate the possibility of tariffs on autos, pharma and semiconductors. He also indicated that he will likely meet with Vladimir Putin to discuss a settlement on the Ukraine war before the end of February. Earnings reports are due out tomorrow morning from WMT, BABA, NTES & BIRK.
S&P Futures are moving higher this morning as markets pay attention to Russia Ukraine peace talks. Tariff news will likely be on the back burner for the next month. Earnings will be a key focus for the market this week. After the bell today, ANET, OXY, IFF, TOL & FOUR are due to report. On Wednesday morning watch for reports from ADI, WING, ETSY & WIX. Takeover speculation has shares of INTC moving higher. President Trump remains in Mar-a-Lago today and is expected to sign an Executive Order on public safety in Washington DC today.
S&P Futures are trading slightly lower this morning with the pause in implementations of tariffs remaining the key headline. The key here is that it allows countries the opportunity to negotiate trade barriers ahead of any tariff action being implemented. Later this morning there are economic reports on Retail Sales and Industrial Production. ABNB, DKNG, FROG, GT, ROKU & WYNN are all higher after releasing their earnings reports. Monday is a holiday, on Tuesday morning watch for earnings from BIDU, FLR, GPC & MDT. The House Budget Committee passed a Budget Resolution and it will not go to the full House for a vote. Hong Kong markets surged as China's President is meeting with business leaders in an effort to expand growth. Oil prices are moving higher as tariff announcements are delayed.
S&P Futures are trading flat to higher this morning as market react to a slew of earnings reports. APP, BROS, CSCO, HOOD, HUBS & MGM are all higher after their reports. After the bell today AMAT, PANW, ABNB, COIN, DKNG, GDDY, ROKU & WYNN are set to report. President Trump is meeting with India's Prime Minister today and is expected to make an announcement on reciprocal tariffs today. There are two key economic reports due out today, Jobless Claims and PPI. The senate votes today on RFK appointment as Health & Human Services secretary. European markets are seeing gains in auto stocks this morning and oil prices are falling due to deescalating tensions on the Russia Ukraine war.
S&P Futures are trading lower this morning with the markets in a holding pattern ahead of this morning CPI report. President Trump is expected to make an announcement today on tariffs and he is likely to use a 1930's trade law as the basis for reciprocal U.S. tariffs. Fed Chairman Jerome Powell will be continuing his testimony on Capitol Hill today. Earning beats this morning from BIIB, CVS & GNRC and last night from GILD, DASH, & AIG shares are trading higher. After the bell today CSCO, APP, EQIX HOOD, RDDT & UPWK to report. Oil prices are falling after last night's AOI data displayed a big build in inventories.
S&P Futures are trading lower this morning as President Trump announced 25% tariffs on steel and aluminum. He also signed an Executive Order which is directing the DOJ to pause enforcement on a law that prohibits U.S. companies from bribing foreign officials. Bond yields are moving higher as Fed Chairman Powell begins two days of testimony on Capitol Hill today. NVS to buy Anthos Therapeutics from Blackstone for $3.1B. Elon Musk makes a bid for Open AI which was immediately rejected. President Trump to meet with the Crown Prince of Jordon today. Earning beats this morning from DD, KO, LDOS & CARR - shares are trading higher. After the bell today GILD, DASH. AIG, Z, SMCI. & LYFT to report. Oil prices continuing to move higher due to tariffs and recent sanctions action.
S&P Futures are trading higher this morning. President Trump is expected to announce 25% tariffs on steel and aluminum today. On Tuesday or Wednesday he is expected to announce reciprocal tariffs on unnamed countries. President Trump is meeting with the Prime Minster of India this week; trade issues are expected to be discussed. Fed Chairman Powell will be speaking on Capitol Hill on Tuesday and Wednesday. Markets will be reacting on inflation data this week with the release of CPI and PPI data on Wednesday and Thursday. Corporate earnings results are also in focus KO, SHOP, MAR & HUM to release Tuesday morning. The budget reconciliation process remains stalled due to significant divisions within the Republican Party. Oil prices are higher as recent sanctions are creating an imbalance in the global market.
S&P Futures are flat to higher as markets awaits the Non-Farms Payrolls data. AMZN released positive earnings last night, stock is lower due to guidance coming in below expectations mainly due to the stronger dollar. AFRM, EXPE, HLT, PINS & TTWO are all moving higher after their announcements. President Trump is meeting with the Prime Minster of Japan today, markets are expecting news of a Trump call with China's President XI. This morning markets will likely react to the Non- Farms Payrolls report. Oil prices are down due to the API inventory data which indicated a build in inventories.
S&P Futures are flat to higher. Last night's earnings reports were not impressive, QCOM, ARM, F & SWKS are all moving lower after their announcements. Trade tensions and the lawmaker's action on the budget reconciliation bill will continue to poise risk for the markets. HON announced that it will be splitting up into 3 separate companies. This morning markets will likely react to economic reports on Preliminary Productivity and Costs for 4Q and the Weekly Jobless Claims data. Oil prices are down due to the API inventory data which indicated a build in inventories.
S&P Futures are moving lower this morning as tech earnings disappoint and the sector is seen as being caught up in Trump's trade war. Chinese regulators are said to be reviewing the business practices of major tech firms (AAPL, GOOG, INTC & NVDA). The U.S Postal Service has suspended the acceptance of inbound parcels from China which is causing weakness in Chinese retailors. Talks are expected between Trump & XI in the coming days. GOOG, AMD, MDLZ & UBER are lower after earnings releases. After the bell today, ARM, QCOM, MSTR, MCK & F will be releasing. ADP Employment data is on tap this morning before the opening bell. RFK moved closer to confirmation which is creating volatility in vaccine and food stocks. Nissan may pull out of its merger with Honda. Oil prices are down due to the API inventory data which indicated a build in inventories.
S&P Futures are showing weakness this morning with as trade tension remains the key narrative. China responded to Trump's tariffs with a series of retaliatory measures. China's regulatory body said it would begin an antitrust investigation into Google over alleged anti-competitive market behavior.
Talks are expected between Trump & XI in the coming days. After the bell today watch for earnings from AMD, AMGN GOOG, & SNAP. Two economic reports out today, the JOLT's report and Factory orders. The White House is said to be considering actions to dismantle the Dept of Education. European markets are lower with trade tensions remain the key focus. Oil prices are lower as Trump pauses tariff action on Canada and Mexico. Trump's reversal on tariffs on Columbia, Mexico and Canada are an indication that his actions were done for headlines and are a negotiating tool, however the risks of a trade war remain elevated.
S&P Futures are falling along with global markets. President Trump's announcement of tariffs on Canada, Mexico & China is seen as inflationary, and concerns of a trade war are escalating. Auto stocks are being hit hard as they play a key role in the automobile supply chains. Canada has already hit back with tariff on U.S goods, Mexico and China have indicated that they will soon be reacting to Trumps tariff action. After the bell today watch for earnings from PLTR, NXPI, CLX & RMBS. The key economic report today is the ISM Manufacturing PMI due out after the opening bell. European markets are falling as Trump indicated that he is planning tariffs on the EU. Oil prices are gaining ahead of this morning announcement and indications that a production hike is not imminent.
S&P Futures are showing gains this morning due to another round of tech earnings. AAPL, V, KLAC & INTC are higher after earnings reports. Next week we have earnings reports from PLTR, PFE PEP MRK, AMGN, AMD, GOOG, DIS UBER QCOM BABA HON & AMZN. President Trump is expected to announce tariffs on Canada and Mexico tomorrow. Commodity-related stocks are in focus today. Before the opening bell today, the personal-consumption expenditures price index is due out. European markets are slightly higher and oil prices are slightly lower.
S&P Futures are showing gains this morning as earnings roll in. IBM, TSLA & META are higher after earnings reports. After the bell today INTL, KLAC, V & AAPL are scheduled to report. Fed indicates that they are in no rush to cut rates and remains data dependent, a march cut appears unlikely at this time. GDP & Jobless Claims reports are the key economic reports for this morning. Banks, Semis and retail sectors are displaying positive action in the pre-market. European markets are higher ahead of this morning ECB announcement and oil prices are climbing moving from red to green.
S&P Futures are trading modestly higher with earnings and a Fed announcement in focus. ASML, TMUS, ADP GD GLW SBUX & FFIV are higher after earnings reports. After the bell today MSFT, TLSA and META are scheduled to report. An Fed announcement is due today, no changes in interest rates are expected. Powell press conference will likely create some volatility. The White House said Tuesday that President Trump still plans to impose tariffs on Canada and Mexico on Saturday. Drug sector on watch as the RFK jr nomination hearings are underway. European markets are mainly higher this morning and oil prices are off by -0.75%.
S&P Futures are trading lower this morning in a reaction to comments from Fed Chair Jerome Powell that the Fed is not in a rush to lower rates. Put volumes soar in drug stocks as President-elect Donald Trump nominated Robert F. Kennedy Jr., a vaccine skeptic and critic of federal health agencies, to be his Secretary of Health and Human Services. Two key economic reports due out this morning, Retail Sales and Industrial Production. SEC filings displaying position adjustments at major funds continue to come in, AAPL is seeing an elevated number of firms existing positions in the last quarter. In Europe, stocks have gone from flat two lower as anxiety builds ahead of the U.S. markets open. Oil prices are slightly lower due to global demand concerns.
S&P Futures are trading higher this morning ahead of some key economic reports and comments later today from Fed Chair Jerome Powell. On the earnings front, DIS reported positive results and is trading higher. CSCO, JD also delivered positive results but are moving lower. Capri Holding terminates merger with Tapestry. LLY phase 3 data for tirzepatide was very positive. In Europe, stocks are higher on economic data and upbeat earnings. Oil prices are lightly higher ahead of this morning's stockpiles report.
S&P Futures are displaying some weakness this morning as markets awaits this morning inflation report. The October CPI reading is due out before the bell. Yields on the 10-year treasury bonds spike yesterday to their highest level since July in anticipation of a hot inflation reading. The 10 yr yield is at 4.416% this morning. Spirt Airlines is expected to file for bankruptcy as Frontier drops its merger bid. Super Micro says that they are unable to file their 10-Q on time. In earnings news SPOT, FLUT, OXY & CAVA traded higher on their releases. After the bell today markets will be watching for earnings results from Cisco. Share of AMGN are higher as company states that there is no link between bone mineral density changes and its weight loss drug "MariTide" In Europe, stocks have moved from higher to flat on the day with inflation data in focus.
S&P Futures are lower this morning as global markets mover lower.. The key economic event for today will be a speech from Fed Governor Christopher Waller, markets are also looking ahead to tomorrows CPI report. In earnings news Home Depot delivered a positive report and raised guidance. After the bell today SPOT & OXY are scheduled to release. In Europe, stocks are lower due to disappointing economic releases and weakness in China. Oil prices are higher after yesterday's big sell off.
S&P Futures are higher this morning as markets remains enthusiastic on the possibility of future growth with the new administration. Today is veterans' day, banks and the bond markets will be closed. No economic reports today. Wednesday CPI report will be the highlight for the week. On the earnings front this week, HD, AZN, CSCO, DIS & AMAT are all scheduled to report. In Europe, stocks are higher due to corporate earnings announcement and ahead of this weeks inflation report. Oil prices are lower as Hurricane Rafael concerns in the Gulf of Mexico have dropped substantially.
S&P Futures are flat to lower in a reaction to corporate earnings. On the earnings front ABNB, ANET, ARRY, DKNG, FTNT, AKAM & TTD are moving lower after announcements. China announced a new stimulus plan which focuses in on debt refinancing. NVDA & SHW ar added to the Dow Jones Industrial Average replacing INTC & DOW. Fed Speaker on watch today as the FOMC announced its 25 basis point rate reduction yesterday. In Europe, stocks are lower as China's stimulus announcement was not as powerful as expected. Oil prices are lower as concerns on a Hurricane in the Gulf of Mexico are falling.
S&P Futures are displaying gains this morning after yesterday impressive rally. The markets are awaiting a monetary policy decision from the FOMC today. On the earnings front APP, ELF, LYFT, MCK, QCOM, DDOG & RL are higher after announcements. After the bell today, ANET, ABNB, TTD, SQ, DKNG & RIVN are scheduled to release. Data on Jobless Claims & 3Q Productivity & Cost to be released before the opening bell. In Europe, stocks are higher, The FTSE is only showing a minor gain ahead of today's BOE decision. Oil prices are showing some weakness this morning.
S&P Futures are higher this morning with the election outcome in focus. A Republican sweep of the house and senate means less gridlock. Bond yields are on the rise and the dollar is strengthening. Markets are likely to show strong momentum this morning. On the earnings front CVS, IRM, JKHY & PRGO are higher after announcements. After the bell today ARM, QCOM, GILD, MCK and LYFT are scheduled to release. The FOMC meeting begins today with an announcement scheduled for Thursday. In Europe, markets are higher and economic releases were positive. Oil prices are falling as the API's stockpile estimates indicated weakness ahead of today EIA report.
S&P Futures are higher this morning with the focus on today's presidential election. While there will be elevated political commentary throughout the day, earnings and economic news will be a source of volatility. Boeings machinist union agrees to end strike. EU investigators conducted searches of NFLX offices due to a tax fraud investigation. APO, HIMS, LPX, PLTR & RACE all delivered earnings beats. MPC announced a $5B share buyback. In Europe, markets remain cautiously higher with commodity related stocks trading higher. Oil prices are higher due to positive economic data out of China.
S&P Futures are higher this morning as the markets enter into a week that will be full of market moving headlines. The U.S. elections, Central Bank decisions, and earnings reports will be in focus. The Fed has pushed back their announcement to Thursday due to the election. INTC & DOW are being removed for the DJIA, they are being replaced by NVDA & SHW. Changes are taking place before the open on Friday November 8th. Middle East tensions are on the rise as Iran is threating retaliatory action on Isreal with more powerful warheads. Boeing striking worker are voting on a new proposal today that could end the strike. In Europe, markets are cautiously higher as commodity related stocks gain. Oil prices are spiking higher as Iran tough talk on a pending strike on Isreal is elevating tensions in the region.
S&P Futures are higher this morning in reaction to earnings reports. AMXN, INTC, CVX, CAH and XPM are higher after earnings, AAPL is lower as the street was not impressed with their forward guidance. Today attention will be on the Non-Payrolls report which is expected to come in lower from the Sept figures which would be positive for the markets as it would provide additional confidence for a rate cut next week by the Fed. Shares of Boeing are active as the company has issued a new proposal in an effort to end strike. Vote is Monday and appears likely to pass. Markets will soon start to display caution ahead of the election. The race is too close to call and markets do not like uncertainty. In Europe, markets are rebounding with all three major indexes in the green. Oil prices are spiking higher on reports that Iran is planning retaliatory strikes in the next few days.
S&P Futures are in the red this morning as displays concerns with growth rates on MSFT & META after earnings. After the bell today earnings releases from AAPL, AMZN & INTC are due out. PCE and Jobless Claims due out before the opening bell. Bond yields are ticking lower as markets start to display caution in ahead of next week's election. Payrolls report is due out tomorrow. In Europe, markets continue to soften with losses in the three major indexes. Oil prices are showing gains as PMI data out of China showed a return to growth.
S&P Futures are ticking higher this morning as markets prepares for another heavy day of earnings and economic reports. RDDT, SNAP, GOOG, V ADP, EAT & CAKE are higher after eps releases, LLY, CAT, OTIS, AMD, CZR are lower. After the bell to earnings reports are due out from MSFT, META, AMGN, COIN, DASH, ROKU & more. In Europe, markets are seeing broad selling with weakness in autos, tech and healthcare. Oil prices are edging higher this morning as API data indicated a draw in stockpiles. There is talk of a possible deal in the Middle East between Israel and Lebanon to cease hostilities.
S&P Futures are non directional this morning ahead of a the release of a host of earnings and economic reports. Boeing has priced its offerings of common stock and depositary shares as the company looks to raise about $21 billion. FFIV, LDOS PFE THC & WM are higher after earnings announcements, BOOT, F, RCL & SWK are lower. The CEO of Boot Barn said that he is leaving for the top job at Ross Stores. The Biden administration is finalizing a rule that will limit U.S. investments in AI and other technology sectors in China that could threaten national security. In Europe, markets are higher due to positive earnings from blue chip stocks. Oil prices are edging higher this morning with API stockpile estimates due out after the bell today.
S&P Futures are positive this morning with markets starting to price in a de-escalation of war premium risk in the Middle East. Bond yields need to be watched. This is a big week for corporate earnings and economic reports. GOOG, MSFT, META, AAPL and AMZN are all schedule to report this week. Fed Speakers have started their black out period ahead of the upcoming Fed meeting next week. In Europe, markets are slightly higher with banks, luxury and tech stocks showing gains. Oil prices are falling with Middle East developments in focus.
S&P Futures are positive this morning as markets remained focused on corporate earnings and Treasury yields. Shares of DECK, LHX, DLR, COF & WDC are higher after earnings releases. U.S. Judge blocks the pending merger between Tapestry & Capri. MSFT to release hot selling video game "call of Duty today on a subscription basis. Durable Goods report is due out this morning - next week's economic calendar is very active. In Europe, markets are mixed to lower on the back of positive earnings reports. Oil prices are higher with Middle East developments in focus.
S&P Futures are showing gains this morning after a host of earnings announcements and a drop in Treasury yields. Shares of TSLA, TMUS, WHR, MAT, HAS, DOW, UPS, MOH & LRCX are higher after earnings releases. Boeing is moving lower as union rejects the last contract offer. KDP to pay an estimated $1B for 60% share of Ghost energy drinks. Reports on Jobless Claims, PMI flash data and New Home Sales are scheduled to be released this morning. In Europe, markets are higher on the back of positive earnings reports. Oil prices are climbing on Middle East tensions.
S&P Futures are displaying weakness this morning as Treasury yields nudge higher. Shares of BSX, LRN TXN & PKG are higher after earnings releases. SBUX pre-announced Q4 eps and announced that they are suspending guidance. E.coli outbreak at McDonalds sending shares lower, said to be liked to onions. There is a Bank of Canada meeting today, expectations are for a 50-basis point rate cut. Fed Governor Bowman scheduled to speak before the market opens today. In Europe, markets are lower, due to underwhelming earnings data. Oil prices are falling this morning down more than 1.5% with stockpiles data in focus.
S&P Futures are displaying weakness this morning with the markets focused on earnings, bond yields and commentary from Fed officials. Shares of DGX, DHR, GM, KMB MMM and RTX delivered eps beats this morning. JCP Investment Management has built a 2% stake in Cheesecake Factory. Fed Speakers are indicating a gradual pace of rate cuts and indicated that a pause could occur. In Europe, markets are lower, yet the recent earnings announcements were mostly positive. Oil prices are higher by approximately 1% this morning.
S&P Futures are moving lower this morning as the market prepares for a host of earnings announcements this week. China's PBOC lowered two of its short-term lending rates this morning. Shares of Boeing are higher this morning as a deal to end the months-long strike is said to have been reached. Merger talks between Humana and Cigna are said to have restarted. Starboard appears to have taken a stake in KVUE. Tuesday morning earnings announcements are schedule for GE, GM, MMM, MCO, LMT, RTX, TXN, & VZ. In Europe, markets are lower with banks and insurance stocks moving lower. Oil prices are higher by more the +1.50% this morning.
S&P Futures are showing gains this morning due to economic and earnings news. China economic numbers came in better than expected & the PBOC indicates more stimulus to come. last night NFLX released a positive earnings report. Shares of SLB & PG are fractionally higher after releasing earnings this morning. CVS replaced its CEO and slashed its quarterly guidance. Nike credit rating was downgraded last night, and revenue is expected to contract next year. In Europe, markets are mostly higher with autos and luxury stocks showing gains. Oil prices have given up early morning gains and is now lower.
S&P Futures are indicating a strong start to this morning's trading session. The positive earnings report for TSM is creating bullish sentiment for the sector. Shares of Expedia are trading higher as UBER is said to be considering a takeover. After the bell today, NFLX is scheduled to report earnings. China's economic briefing did little to boost sentiment on its troubled real estate sector. The ECB rate decision is this morning, expectations are for a 25 basis point cut. In Europe, markets are higher with autos banks and luxury stocks showing gains. Oil prices are flat to higher.
S&P Futures are slightly higher this morning with earnings announcements in focus. UAL, JBHT are moving higher after their releases. Semiconductor stocks are mostly higher this morning. AMSL shares are falling after technical glitch release earnings earlier than expected. After the bell today watch for earnings from AA, CSX, DFS, EFX, LVS & STLD. The ECB rate decision is scheduled for tomorrow. China is scheduled to hold another economic briefing tomorrow on its property market. In Europe, markets are mixed to lower with weakness in luxury and tech stocks. Oil prices are continuing to move lower this morning.
S&P Futures are positive this morning as earning reports start to hit the tape. BAC, JNJ & PNC are moving higher after their releases. Israel indicates that they will likely stick to military targets in their expected retaliatory strike on Iran. Boeing reaches a line of credit worth 10B with a group of banks. Google and Kairos Power working on a nuclear power project to supply its data centers with clean energy. In Europe, markets are mixed to lower with this week's ECB announcement in focus. Oil prices are displaying significant weakness this morning as oil prices fall more than -4% in the pre-market on news reports that Israel will not target Iran energy facilities.
S&P Futures are positive this morning ahead of a relatively quite day in the markets today. Bond Markets are closed as today is a federal holiday. China's finance minister highlighted the countries stimulus plans without giving specific numbers, addition meetings scheduled for later this month. U.S. to send missile defense system to Israel ahead of the expected Israeli strike on Iran. Shares of Caterpillar are falling after a major broker downgraded the stock. BA is also weak as striking workers continue to hold out. No earnings announcements today due to the holiday. Buffet takes position in Sirius XM. In Europe, markets are mixed to lower with Middle East tensions, this week's ECB announcement in focus. Oil prices are displaying significant weakness this morning as oil prices fall more than -2% in the pre market.
S&P Futures are flat to lower ahead of this morning's PPI print. Markets are also waiting on an announcement out of China that is expected to focus on stimulating domestic consumption. BK, BLK FAST, JPM & WFC all reported earnings beats this morning. Shares of TSLA are down more than 5% after last night's robo taxi event. In Europe, markets are mixed to higher with Middle East tensions, next week's ECB announcement and tomorrow China announcement in focus. Oil prices are weakening this morning of more than -0.50% in the pre-market.
S&P Futures are flat to lower and as expected are staying in a tight trading range this morning. Two key economic reports are due out before the bell (CPI & Jobless Claims) either report could create volatility for the markets this morning. DAL & DPZ are moving lower after announcing earnings this morning. COST released Sept sales data which showed an increase of 6.7%. Two big events today, AMD's Advancing AI conference and TSLA RoboTaxi announcement. Toronto-Dominion Bank is expecting to pay about 3B to settle money laundering issues. In Europe, markets are mixed to lower with Middle East tensions and next week's ECB announcement in focus. Oil prices are showing gains of more than 1% in the pre-market.
S&P Futures are flat to lower in the pre-market. Shares of Boeing are lower as union talks break down. Share of HD are higher as Hurricane Milton approaches landfall in Fla. The DOJ is considering calling for a breakup of Google. Overnight, China announced that an economic briefing is scheduled for Sat. Israel's leader Netanyahu is said to be having a phone call with President Biden today on the Middle East situation. In Europe, markets are higher as ECB officials indicate that a rate cut is likely next week. Oil prices have turned negative with stockpiles data in focus.
S&P Futures are indicating a higher opening this morning as bond yields start to fall. Profit takings is being seen in Chinese stocks; China linked stocks are moving lower. There are a host of Fed speakers today, Fed officials will likely push forward expectations of a 25-basis point cut in November. Pepsi's earnings delivered a miss on revenue. Honeywell to spin off Advanced Materials business into publicly traded company. GM's analyst day is likely to create some market moving headlines today. In Europe, markets are lower as profit taking in Chinese stocks weighs on indices. Oil prices are falling yet the attention will remain on Middle East developments.
S&P Futures are indicating a big move lower this morning. Markets are weakening due to rising bond yields and concerns on geopolitical tensions in the Middle East. CPI data for Sept to be released on Thursday. Apollo is buying the Barnes Group for 47.50 a share. Starboard has taken a position in PFE valued at $1B. Key events this week include TSLA robotaxi announcement, GM's Analysts meeting, and AI events for AMD and HPE. Earnings season gets underway this week. In Europe, markets are mixed this morning. Oil prices are displaying another strong leg higher in the pre-market.
S&P Futures are displaying solid gains this morning. Markets await a key employment report this morning, the monthly non farms payrolls data. Retail stocks are gaining as port workers are returning to the job. Apollo is in talks to buy Barnes Group for $45 a share. Spirt airlines is in talks for a bankruptcy filing. The European Union is set to impose tariffs of up to 45% on electric cars made in China. In Europe, markets are mostly higher. Oil prices are higher as risk premium continue to inflate ahead of the expected Israeli strike against Iran.
S&P Futures are lower this morning as market continue to pay attention to geopolitical events in the Middle East. On the calendar for today are reports on Jobless Claims and Factory orders along with updates on the services sector. LEVI is falling after reporting earnings last night, STZ is scheduled to report this morning. Autos and banks are lower and Chinese retailers are falling due to profit taking. In Europe, markets mostly lower, weakness in the British Pound is a positive for U.K. stocks. Oil prices are showing strong gains as markets await a response from Israel on the recent Iranian strike.
S&P Futures are flat to lower this morning with the dominant topic being Iran's missel strike on Israel. The strike was largely ineffective, and Israel has vowed to respond. A strong response will likely cause markets to weaken. The ADP employment report is due out this morning, last month's report was underwhelming. NKE release an EPS beat yesterday after the close, but the outlook remains weak. Luxury, casinos and oil stocks are positive this morning. In Europe, markets are attempting to close out the day higher, with all eyes on developments in the Middle East. Oil prices are surging this morning as volatility is moving higher. Markets are also waiting on comments from today's OPEC meeting and the official stockpiles report.
S&P Futures are flat to higher this morning with a focus on pending data releases on manufacturing and employment this morning. Fed Chair Jerome Powell sees more rate cuts this year. MKC delivered a strong earnings beat this morning, NKE earnings are due out after the bell. Labor unrest continues as east coast port workers go on strike. Boeing is working on plans to raise at least $10 billion by selling new shares, union strike continues to weigh on share price. Pepsi is said to be in advanced talks to acquire tortilla-chip maker Siete Foods for +$1B. Israel has launched ground operations into southern Lebanon. In Europe, markets are mostly higher as traders price in another rate cut by the ECB. Oil prices are down this morning with geopolitical issues and expected production volume increases in focus.
S&P Futures are flat to lower ahead of this morning as we head into the week with employment data in focus. Fed Chair Jerome Powell is speaking this afternoon. The union of dockworkers on the east coast appear likely to go on strike a midnight as contract expires. Boeing talks with union officials are stalled over pension issues. Auto stocks are lower as Stellantis lowers its guidance. AT&T is selling its 70% stake in DirectTV to TPG. In Europe, markets are weakening as the selloff in auto stocks is pushing indices lower. Oil prices are edging higher as additional Chinese stimulus and elevated Middle East tensions are pushing oil prices higher this morning.
S&P Futures are flat to lower ahead of this morning PCE data. COST delivered an earnings beat on lower revenue last night. DirecTV is in talks to acquire Dish Network. Union leaders at Boeing did not take the latest offer to a vote. A longshoreman strike is possible next week, a prolong strike would hurt holiday sales. Bristol Meyers receives approval for its schizophrenia treatment. In Europe, markets are positive luxury and mining's stocks are higher. Oil prices are edging higher ahead of next week's OPEC meeting.
S&P Futures are displaying a strong leg higher this morning. Key factors behind the positive action are the stimulus plans out of China and the positive earnings announcement from Micron. Economic data will be on watch today with multiply economic reports due out. Market will also be paying attention to a host of Fed speakers this morning. Southwest Airline is holding a key investors day today as Elliott mgmt pushed for changes. After the bell, COST to release earnings and tomorrow PCE data is scheduled for release. In Europe, markets are gaining, autos & luxury and mining's stocks are higher. Oil prices are off by 2%. Saudia Aribia is said to be abandoning its $100 barrel price target as it looks to ramp up production.
S&P Futures are ticking lower ahead of the opening bell today. Sentiment is cautious this morning as markets hit another all time high yesterday. China continued to provide stimulus as its central bank cut its one-year loan rate to 2% from 2.3%. Meta's Meta Connect event starts today, CEO to speak at 1:00 pm. Presidential candidate Harris is said to be making a major economic speech today. The DOJ is said to be investigating SAP and Accenture. Micron to release earnings after the bell today. In Europe, markets are gaining, autos & luxury and mining's stocks are higher. Oil prices are off by 0.75% with stockpiles data in focus.
S&P Futures are flat to higher ahead of the opening bell today. Sentiment is positive as China finally releases a strong stimulus package. Visa is on watch as the Justice Dept is said to preparing a lawsuit over anti-competitive practices. Boeing looks to end union strike and send a proposal yesterday. Fed Governor Michelle Bowman to speak today, she was the only dissenting vote in last weeks Fed decision. Senator will be grilling the CEO of Bovo Nordisk today over the high cost of weight loss drugs. In Europe, markets are gaining, autos & luxury and mining's stocks are higher. Oil prices are displaying strong gains of more than 2%.
S&P Futures are slightly higher this morning. There are a host of Fed speakers this morning. Flash PMI data out of Europe were negative this morning which may push the ECB to ease monetary policy. China PBOC lower a borrowing rate this morning and scheduled an announcement for tomorrow. DELL, PLTR & ERIE have been added to the SPX index as of today. Intel is higher due to market chatter that Apollo is preparing a multi-billion-dollar investment. House Speaker Mike Johnson indicated that the House will vote this week on a 3-month stopgap funding bill. In Europe, markets are mixed autos & luxury stocks are lower Oil prices are edging higher.
S&P Futures are weakening this morning as the markets react to more cental bank decisions. The economic calendar is light today. Overnight, Lennar, Fed Ex and MillerKnoll released disappointing earnings. The BOJ and the PBOC left rates unchanged, markets were expecting a rate cut from the PBOC. Nike's CEO announced his retirement. Autos are weak as Mercedes trimmed its forecast amid ongoing weakness in China. Chip stocks are also falling. In Europe, markets are pulling back as autos, luxury and tech stocks fall. Oil prices are edging lower as China's PBOC left rates unchanged overnight.
S&P Futures are displaying an aggressive leg higher this morning. After a failed rally yesterday, stocks are back in the green as markets across the globe push higher due to yesterday FOMC announcement. This morning, we have the Jobless Claims and Housing data due out. After the bell today FDX, LEN and MLKN are scheduled to release earnings. Boeing is making moves to preserve cash as strike talks stall. The SEC approved a change to market rules to allow many stocks to be quoted in 1/2 cent increments. In Europe, markets are displaying a strong move higher with gains in autos, basic resources and tech, Oil prices are gaining this morning.
S&P Futures are positive this morning and are likely to remain in a holding pattern until this afternoon Fed Announcement. The size of the cute, the Dot Plot & Powell's Press Conference will be in focus today. Additional monetary policy meeting this will include Thursdays BOE meeting and Friday's BOJ meeting. The Biden administration is moving forward with its tariff plans on shipments valued under $800. CRWD is holding an investor briefing today at 2:00 pm. JP Morgan has entered into talks with AAPL over its credit card business. In Europe, markets are in the red this morning with weakness in healthcare, tech & luxury stocks, Oil prices have turned lower as stockpile estimates came in with a build.
S&P Futures are displaying a strong move to the upside this morning as expectations increase to 0.68% for a 50-basis point rate cut from the Fed Reserve tomorrow. August Retail Sales report is due out before the bell today. INTC is leading the DJIA higher after announcing a deal to provide custom chips to AMZN web services. MSFT is gaining as their board announced a $60B share buyback. A U.S. trade delegation is in route to China for talks over the recent wave of Chinese imports. Tomorrows Fed announcement is the key, pending catalyst event. After the Wednesday announcement, the focus will turn to the spending bill that is being held up in Congress. In Europe, markets are displaying gains with positive action in autos, basic resources and luxury stocks, Oil prices have turned lower with demand in focus.
S&P Futures are slightly lower this morning. Big week ahead for Central Bank meetings from the FOMC, BOE & the BOJ. Markets are expecting a dovish narrative from the Fed on Wednesday. CRM's Dreamforce conference starts tomorrow. MSFT is expected to speak today at 11:00 on a Copilot announcement. A Federal appeal court will consider whether the U.S. government has the rights to force TikTok to sever ties with China. In Europe, markets are displaying muted losses, healthcare and luxury stocks are positive. and oil prices higher but off the morning highs. China demand remains underwhelming.
S&P Futures are higher this morning. The economic calendar is light. On the earnings front, ADBE delivered guidance that was light as compared to street expectations. RH delivered a beat on higher revenue. Share of Boeing are falling as union works initiated a strike which is halting 737 Max production. Sentiment remains positive ahead of next week's FOMC meeting. In Europe, markets are displaying gains, and oil prices continue to push higher as oil traders assess the damage created by Hurricane Francine.
S&P Futures are displaying gains this morning as markets prepares for an ECB announcement on interest rates and this morning's data on Producer Prices. Jobless Claims are also on tap this morning, expectations are for a reading of 225,000. Tech stocks are showing gains. MRNA, NTGR and ALK, all released updated guidance data. After the bell today. ADBE is expected to release earnings. Norfolk Southern (NSC) is lower this morning as CEO was removed due to an improper relationship. An ECB announcement is expected at 8:15 am this morning. In Europe, markets are displaying strong gains, and oil prices are higher as Hurricane Francine is creating numerousness for oil futures.
S&P Futures are lower this morning as markets prepare for the release of the latest inflation figures. Harris Trump debate was the key news event overnight; however, the election is still a long way off. The Fed's Michael Barr introduced new bank capital requirements yesterday which is positive for Bank. Nippon Steel executive is said to have flown into Washington DC in an effort to save its takeover deal with U.S. Steel. On Thursday there is an ECB announcement where a rate cut is being anticipated. In Europe, markets are slightly higher, and oil prices are recouping some of yesterday's losses.
S&P Futures are flat to lower this morning as the earnings and economic calendars are light today. ORCL delivered a positive earnings report last night plus they announced deals with cloud providers. EU regulators uphold fines to AAPL & GOOG. Congress passed legislation to cut off U.S. government funding for Chinese biotech companies deemed national security risks. AAPL's iPhone release came in as expected. Trade tensions with China remain a concern as exports grew while imports fell.
On Thursday there is an ECB announcement where a rate cut is being anticipated. In Europe, markets are slightly lower, and oil prices are giving back yesterday's gains as China consumption remains cautious.
S&P Futures are displaying positive action this morning after last week's selling pressure was overdone. Markets will be focusing on Wednesday's CPI data and Thursday PPI data releases. AAPL's iPhone 16 to be released today. Boeing averted a potential union strike. DELL, PLTR & ERIE are being added to the S&P 500 on 9/23. AAL, ETSY & BIO are being removed. Congress embarks on what has been billed as "China Week," a bipartisan bill targeting Chinese biotech companies. On Thursday there is an ECB announcement where a rate cut is being anticipated. In Europe, markets are displaying gains and oil prices are positive by more than 0.75% in the pre-market.
S&P Futures are falling ahead of this morning Non-Farm Payrolls release. Yesterday's ADP employment report was considered soft which is creating nervousness ahead of this morning's release. Overall, the recent bearish sentiment can be best described as markets anxiety on economic growth concerns. On the earnings front, Broadcom delivered a beat last night, but their forward guidance as light. This is a continuing theme being seen on AI related stocks. Salesforce announced a 1.8B takeover of Own Company. Costco reported August sales slightly below expectations. Looking ahead to next week, On Monday, AAPL to release its lates iPhone and ORCL is releasing earnings. Tuesday is the presidential debate. Wednesday the CPI data is set to be released. On Thursday there is an ECB announcement where a rate cut is being anticipated. In Europe, markets remain lower as economic data came in below expectations, Oil prices are flat to higher this morning.
S&P Futures are extending their losses from yesterday this morning as a wave of selling pressure seen from Asia to Europe overnight. Markets will be paying attention to this morning's reports on factor orders and job openings. After the bell yesterday GTLB & HQY released positive earnings reports. ZS also beat but lowered Q1 guidance. This morning, DLTR released weaker than expected eps report, DKS and CIEN are on deck this morning. While the U.S. & China's economic data was slightly disappointing yesterday, markets remain in the red this morning, price action appears overblown. Bank of Canada is expected to announce a rate cut this morning. OPEC is said to be consider a delay to its October production hikes. In Europe, the major three indexes are lower. Oil prices have reversed course and are now trading higher.
S&P Futures are displaying negative action ahead of the opening bell. The focus this morning will be on the ISM Manufacturing report due out after the opening bell. This afternoon ZS, GTLB, HQY & PD will be releasing earnings reports. Tomorrow morning, DLTR, DKS & CIEN are scheduled to report. Shares of Boeing are under pressure this morning due to a downgrade from a major broker. Democratic presidential nominee Kamala Harris on Monday opposed the sale of US Steel to Japan's Nippon Steel. China launches probe into Candian imports and Beijing has also threatened Japan with severe economic retaliation if Japan further restricts sales and servicing of chipmaking equipment to Chinese firms. In Europe, the major three indexes are lower. Oil weakness continues with crude oil trading lower this morning by more than -1.5%.
S&P Futures are displaying positive action ahead of the opening bell. The focus this morning is on inflation with the PCE report due out before the opening bell. ADSK, DELL, LULU, MDB & MRVL are all higher this morning after releasing earnings results. Next week economic data will be focused on employment with the non-farms payrolls being the major market moving report. There is a big union meeting on Wednesday as dock workers at some of the nation's busiest ports are looking for a new contract. In Europe, markets are higher and reacting to the latest economic data out of the EuroZone. Oil is steady to higher.
S&P Futures are slightly higher this morning as the markets react to the earnings results from NVDA. Nivida is still performing very well, concerns of the blackwell chip being delayed was refuted. CRM, CRWD, HPW, VEEV, PSTG & FIVE delivered positive results. After the bell today, DELL, MRVL, ADSK, LULU & ULTA are scheduled to report. Jobless Claims will be the key economic report today. Markets are anticipating soft inflation data from tomorrow PCE report, Media outlets talk up the possibility of 4, 25 basis point rate cuts by the end of the year to help their ratings but there's no data to support this belief. In Europe, markets are higher and reacting to bullish inflation data from Spain & Germany and oil is edging higher.
S&P Futures are slightly higher this morning as the markets await earnings results from NVDA due out after the bell. BOX, JWN & S are higher after earning releases last night. After the bell today, CRM, CRWD, HPW, VEEV, PSTG & FIVE are scheduled to report. The economic calendar is light today, Bostic of the Atlanta Fed is speaking after the close. In Europe, markets mostly higher and oil continues to weaken.
S&P Futures are slightly lower this morning as markets await a new catalyst to drive momentum. Earnings after the bell include JWN, BOX, PVH & S. Tomorrow morning KSS, FL, BBWI, ANF CHWY and SJM are set to report. NVDA is the key earnings report for the week, and they are releasing tomorrow afternoon. JD.com announces a 5B buyback. Artal Intl files to sell 6m shares of CAVA. LLY announces a lower cost for its weight loss drug Zepbound. Canada to impose 100% tariffs on Chinese EV's. National Security advisor Jack Sullivan is in China for 3 days of talks. In Europe, markets are higher due to reduced geopolitical tensions and positive earnings reports. Oil prices are lower and giving back some of yesterday's big gains, API stockpile estimates due out after the bell.
S&P Futures are indicating a higher opening this morning. Oil prices are in focus as tensions rise in the Middle East over the weekend. In the week ahead, NVDA, CRM CRWD, ULTA, LULU MRVL, DELL and others are schedule to report. GDP & PCE data will be the key economic releases this week. National Security Advisor Jake Sullivan will be in China this week, China set to bring up issues on Taiwan and tariffs. In Europe, markets are mixed to higher and oil prices gain more than 2% on Middle East tensions and production issue out of Libya.
S&P Futures are indicating a higher opening this morning. Fed Chairman Jerome Powell to speak today, he unlikely to provide significate comments on the economy that has not already been said. The head of the BOJ delivered a speech that calmed markets fears as he indicated that the BOJ is not in a rush to raise rate but noted that they are watching markets closely. Earnings were mostly positive last night with eps beats from CAVA & WDAY. General Motors and Uber are teaming up on a robo-taxi service. In Europe, markets are displaying gains and oil prices are higher by 1% this morning.
S&P Futures are indicating a higher opening this morning. There are a host of important economic releases out today, this morning Jobless Claim will be widely watched. SNPS, A, BILI, BJ & ZM are sll trading higher after earnings beats. TD Bank announced that they will be selling 40.5m shares of SCHW. Media executive Bronfman hiked his bid for PARA to $6 billion. The Jackson Hole economic conference gets underway today. In Europe, markets are slightly higher. Oil prices are gaining in the pre-market after yesterday unexpected move lower.
S&P Futures are pushing higher this morning due to a host of recent earnings releases. TOL & KEYS delivered earnings beats last night and TGT & ADI are higher after eps beats. After the bell today SNOW, A, ZM & URBN will be releasing and tomorrow morning NTES, BIDU, BJ & AAP are scheduled to report. After the close, Walmart indicated that it will be selling its 3.6B stake in JD.com. Later this morning the BLS will be announcing its labor market revisions. Fed Meeting Minutes are set to be released this afternoon. In Europe, markets are slightly higher. Oil prices are displaying an uneasy gain ahead of this morning's stockpile report.
S&P Futures are flat to higher this morning with the market's attention on earnings reports. Tech stocks are showing positive action this morning as PANW delivered a solid beat last night. MDT beat, LOW also delivered a beat but cut its forward guidance. After the bell today TOL and KEYS will be releasing and tomorrow morning M. TGT, TJX & ADI are scheduled to report. PARA received a 4.3B bid from Edgar Bronfman. The EU plans to cut tariffs on TSLA's China made EV's to 9% from 20.8%. In Europe, stocks just gave up their earlier gains and are now slightly lower. Oil prices just reversed course and are now displaying gains on the day.
S&P Futures are flat to lower this morning as the markets prepares for a host of retail earnings this week and the Jackson Hole conference. Fed Chairman Powell is scheduled to speak at 10:00 am on Friday. Powell is expected to provide clarity on the September rate cut along with a pivot on the Fed focus from Inflation to Employment. In Europe, market markets are mixed after a slow start. Gains in Autos and Banks. Oil prices continue to weaken, as economic data out of China continues to point to a fall in forward demand.
S&P Futures are flat to lower in the pre-market as traders continue to price in yesterday's positive economic data. This mornings Housing Starts report is scheduled before the bell. AMAT released an earning beat after the close on Thursday. China's central bank expected to lower its prime rate next week. UK Retail Sales figures were positive but lower than market expectations. Fed Chair Jerome Powell to speak next Friday at the Jackson Hole conference at 10:00 am. In Europe, market are mostly higher with gains in autos and tech. Oil is lower by more than 2%, ceasefire talks are continuing.
S&P Futures are displaying gains this morning ahead of a number of economics reports due out before the opening bell. This mornings Retail Sales and Jobless Claims are key reports as they provide a real insight into the health of the economy. A host of 13F filing came in after the bell displaying position adjustments by the major hedge funds. Markets are pricing in earnings beats from CSCO, JD DE & NICE. WMT release is pending. After the bell today AMAT is scheduled to report. China's economic reports overnight were mixed, U.K. GDP came in at +0.6%. Oil prices are positive this morning with the Ceasefire talks happening today. In Europe, all three of the major indexes are flat to higher and awaiting economic data releases from the U.S.
S&P Futures are flat to higher this morning as the markets awaits another key economic data report. Before the bell today the July CPI data is scheduled for release. Japan's Prime Minister announced that he will step down in September. Iran thought to be waiting on the outcome of the Gaza ceasefire talks before making a decision on an Israeli strike. Boeing is said to be close to an $18.8B deal on fighter jets for Israel. Mars is close to a 30B deal for Kellanova. Elliott Mgmt planning for a proxy fight with Southwest Airlines. PTON is higher after announcing a deal with Google. CAH released an earnings beat while EAT missed this morning. Oil prices have given back earlier gain and are now lower. In Europe, stocks have turned lower.
S&P Futures are flat to higher this morning as the markets awaits a key economic data report. Before the bell today the July PPI data is scheduled for release. Home Depot is moving lower as the retailor lowers its full year guidance. Freight car company RAIL is moving higher as it raised its outlook for the year. Oil prices are weakening ahead of this morning monthly oil report form the EIA. Middle East tensions remain elevated with Iran expected to strike Israel in the coming days. In Europe, stocks have turned lower as sentiment data weakens.
S&P Futures are positive this morning as the markets prepares for a host of key economic reports due out this week. Economic data
in the next few days, particularly Wednesday's inflation numbers, may lead to more big swings. Starbucks is higher this morning as Starboard Value is said to have taken in position in the stock. Disney unveils theme park expansions. In Europe, stocks are mixed to higher and oil prices are higher as OPEC lowers its demand forecast in its monthly report which was just released.
S&P Futures are moving higher this morning as yesterday positive momentum continues. Positive action this morning after earnings releases from GILD, TTD, SG, AKAM & EXPE. China's consumer inflation rose more than expected last month, highlighting some improving trends in the country. Middle East tensions are elevated as Israel is expecting hostile actions from Iran or one of its proxies over the weekend. In Europe, stocks are gaining but have come down from their highs, and oil prices are moving ticking higher.
S&P Futures are lower this morning as the market awaits this morning Jobless Claims report. JP Morgan CEO Jamie Dimon remain positive on economy, remains cautious on inflation hitting 2% in the Feds timeframe. Earnings from LLY came in better than anticipated, company also raised guidance. Warner Brothers (WBD) is writing down the value of its traditional tv networks by 9.1b. In Europe, stocks are lower, and oil prices are moving slightly lower after yesterday's big gains.
S&P Futures are positive as global sentiment turns bullish after positive comments from a BOJ official. The BOJ official essential said that no immediate tighten action should be expected, the will reduce the market volatility caused by the carry trades. Seeing Positive earnings announcements for DIS, LPX & LRN. ABNB and SMCI were underwhelming. Markets could see another bout of volatility later this month with the Jackson Hole conference set to take place. In Europe, stocks are higher and oil prices are displaying strong gains.
S&P Futures are displaying a move higher this morning as Japan's markets gained +10% overnight. No fundamental changes overnight, and Fed officials talked down the sensationalized stories related to a pending recession. Positive earnings announcements for CAT, H, OC. TAP & UBER this morning. Google lost lawsuit as judges calls in a monopoly. Russia top defense officials are said to be in Iran meeting with Iranian military leaders. In Europe, markets are moving between gains and losses. Oil prices are moving higher as Middle East tensions are elevated.
S&P Futures are seeing an aggressive move lower this morning with futures falling near 3%. Japan's Nikkei index suffered a more than 12% decline on the day, setting the stage for a significant reset of global equity prices. Comparisons to the 1987 meltdown are unwarranted as that correction came with a unique issue of market quotes being the markets by hours. There is no near-term catalyst this week which will pull the market out of its current slide, consumer staples and healthcare stocks typically perform best during market selloffs. Continuing concerns on Friday's jobs data, recession fears, along with comments that the Fed is behind the curve are often mentioned this morning. In Europe, markets are off by more than 2%. Oil prices are falling as demand concerns weigh significantly on prices this morning.
S&P Futures are falling due to indications of a weakening economy and corporate earnings results. This morning Non-Farms Payroll report is in focus and is expected to show a fall in employment data from last month. INTC delivered a highly negative earnings report yesterday and AMZN guidance was weak, AAPL's report came in better than expected. This morning XOM beat while CVX missed. Yesterday's weak PMI is causing markets to fall globally. Ahead of a pending change in monetary policy, companies are decreasing their investments. In Europe, markets are bearish on elevated selling pressure. Oil is higher as the situation in the Middle East remains tense.
S&P Futures are higher in the pre-market as markets react to the positive earnings results from META. After the bell today we hear from AAPL, AMZN & INTC. Sentiment is positive as Fed officials appear set to being loosening monetary policy in September. A rate decision from the BOE it due today, Japan's rate increase is strengthening the yen, causing Japanese equities to slide. Jobless Claims & Manufacturing PMI data on tap for release today. In Europe, markets are weaker due to downbeat earnings in the auto sector. Oil continues to gain on the threat of escalating tensions in the Middle East.
S&P Futures are higher in the pre-market as markets await todays statement from the Fed. HUM, BWA, DD, ANET, AMD & MSFT all delivered beats. After the bell today we hear from META, QCOM, ARM, LRCX & ETSY. Microsoft's overall sales and profit growth beat expectations, but revenue in its cloud-computing business narrowly missed. Israel is thought to be behind a missile strike inside Iran that killed a Hamas leader overnight, which is causing oil price to move higher. Japan, South Korea and the Netherlands are said to be excluded from the list of countries being blacklisted for chip sales, final rules to be published next month. In Europe, markets are higher due to positive corporate earnings updates and indications that a stimulus plan from China will soon be released.
S&P Futures are higher in the pre-market as markets await a host of key earnings reports. MRK, PFE, JBLU & SWK have already reported positive earnings this morning. After the bell today we hear form MSFT, AMD, ANET, SBUX & QRVO. Tomorrow there are two cental Bank announcements, one from the Fed and on from the Bank of Japan. The BOJ and the BOE are also having cental bank meetings this week. Oil prices continue to trend lower on demand concerns and in Europe, markets are mixed to higher as the EuroZone GDP growth rates came in higher than the estimates.
S&P Futures are positive this morning as we head into one of the busiest weeks of the summer. The focus is on corporate earnings and this week's FOMC meeting. MCD & ON are set to report this morning along with a host of big tech earnings due out later this week. There is an FOMC meeting with an announcement scheduled for Wednesday where it is expected they will shift their narrative from inflation to employment. The BOJ and the BOE are also having cental bank meetings this week. NVDA's CEO is also scheduled to speak today after the closing bell. In Europe, markets are mixed as early market gains have cooled down.
S&P Futures are showing strong gains this morning as the market awaits a key inflation report which is due out before the opening bell. There were no major earnings reports last night, this morning CL & MMM shares are rising on positive earnings results. Autos, banks and tech stocks are showing gains this morning. Next week is a very active week for the markets with earnings reports due out from MSFT, AAPL, AMZN & META. There is also a Fed announcement and a host of employment data on tap. NVDA's CEO is also scheduled to speak on Monday. In Europe, markets are higher with positive action in industrials, basic resources and luxury.
S&P Futures are continuing to fall as the market is overwhelmed with a bearish sentiment. This morning's GDP and Jobless Claims report could turn out to be key catalysts today. Positive earnings reports from CMG, IBM NOW & KLAC and shares are higher. This morning AZN & HON delivered beats but are falling in the pre-market. China's Cental Bank delivered a surprised rat cut overnight. BAC CARR & HOG all announced big share buybacks. In Europe, markets are lower due to disappointing earnings results.
S&P Futures are falling in the pre-market as earnings results from big tech companies weigh on the index. The focus today will remain on earnings announcements. This afternoon IBM, NOW, KLAC, F and CMG are set to report. In Visa's earnings report yesterday indicates that consumer spending is softening. In Europe, markets are lower as earnings push the indexes lower this morning.
S&P Futures are higher this morning with the focus on pending economic reports due out Thursday and Friday. Fang stocks are gaining while semiconductor stocks are falling. Vice President Harris is closer to securing the Democratic presidential nomination. OMI to buy Roche Holdings. GM, DGX GE & SPOT all raised guidance. In Europe, markets are have turning higher on positive comments from earnings reports and dovish comments from an ECB official.
S&P Futures are higher this morning as markets bounces back from Friday's sell off. CRWD remain weak as the downgrades have start to flow in. The airline sector is lower due to the cancelation of thousands of flights over the weekend. President Biden announced that he will be dropping out of the presidential race on Sunday. This will be a major talking point for the markets, but unlikely to create volatility. Markets are focused on Earnings and Friday's CPI release this week. China lower rates overnight, while the cut was not significant, it was unexpected. In Europe, markets are higher with positive action in autos, industrials, tech & healthcare. Oil prices are ticking lower this morning.
S&P Futures are negative this morning due to a global communication outage that is said to have been caused by a software updated from cyber security firm CrowdStrike. CrowdStrike CEO has said that this is not a security incident or cyberattack and that the issue has been identified and that a fix has been deployed. Travel sector is on watch as IT outage news. NFLX delivered solid results, AXP & TRV delivered beats this morning. Economic calendar is light, Fed black out period starts tomorrow. Talk of President Biden removing himself from the race remain elevated. In Europe, markets are lower due to the cyber incident. Oil prices are ticking lower this morning.
S&P Futures are positive this morning with gains in tech shares. Earnings are in focus today, last night report from TSM was positive, company raised guidance which is helping elevate the sector. this morning. Airline sector is weak as UAL & ALK guided lower yesterday. After the bell today NFLX is expected to report. Odds of President Biden leaving the race have increased over the last 24 hours. Also seeing earnings beats from ASML, JNJ, CFG & USB in the pre-market. Multiple Fed speakers today (Goolsbee, Logan & Daly) which will be their last comments before the July Fed meeting. In Europe, markets are higher ahead of an ECB announcement on monetary policy. Market anticipates two more rate cuts from the ECB this year. Oil prices are ticking lower as oil gives back some of yesterday's gains.
S&P Futures are giving back some of yesterday's big gains with tech shares falling this morning. Market is aggressively moving out of tech and into small caps. White House is looking at more restriction on tech sales by foreign companies. Five Below lowered its eps guidance and said that it's CEO is stepping down. Also seeing earnings beats from ASML, JNJ, CFG & USB in the pre market. In Europe, markets are lower as Trump talks up tariffs on foreign companies. Earnings remain a key factor today with AA, UAL and DFS to report after the bell. Oil prices have turning higher due to a draw in stockpile estimated for last night's API report. Stockpiles data will be monitored closely.
S&P Futures are cautiously higher this morning as markets continue to price in a September rate cut from the Fed. This morning, before the opening bell the Retail Sales data is to be released. Starboard has built a position in Match Group. Also seeing earnings beats from BAC, PNC & UNH in the pre market. In Europe, markets are lower with weakness in auto luxury and retail stocks. Underperformance in Chinese stocks. ECB announcement scheduled for Thursday. Oil prices are falling this morning as Chinese demand continues to weigh on markets, Stockpiles data will be monitored closely.
S&P Futures are seeing strong gains this morning as markets are now expecting the Fed to start lowering rates in September. Fed Chairman Jerome Powell is speaking today. Google is said to be close to a takeover deal with Cybersecurity startup Wiz in a deal said to be worth $23B. Republican National Convention starts today. Earnings season is underway, this week approximately 50, S&P companies will be reporting. In Europe, markets with weakness in luxury stocks. There is an ECB meeting this week with an announcement scheduled for Thursday. Oil prices are flat to lower this morning as the market deal with weakening demand from China against positive data from the U.S.
S&P Futures are slightly higher this morning with the data on the Produce Price Index pending release. President performed well at yesterday's press conference, indicated that he is staying in the race, but laid out a scenario where he would consider dropping out of the race. Export data out of China were strong. Earnings in focus this morning JPM, BK & WFC all delivered eps beats, JPM & WFC are moving lower this morning. AT&T trading lower as a hacker is said to have stolen data on nearly all its customers. In Europe, markets are higher on expectations of a Sept rate cut increase. Oil prices are continuing to display gains this morning.
S&P Futures are slightly lower this morning. The key event today is the CPI report which is due out before the market. Pepsi and Delta are trading lower after earning releases. Costco announced that they will be raising membership fees in Sept. President Biden is scheduled to hold a press conference today after the NATO summit. NATO pledges $43B in aid to Ukraine with talk of membership. The FTC is said to be preparing legal action against pharma benefits managers (CI, CVS & UNH). Pfizer is higher on positive news on its weight loss drug. In Europe, markets are higher on positive economic data. Oil prices are showing gains with multiple key catalysts ahead.
S&P Futures are positive this morning ahead of Fed Chairman Jerome appearance this morning in front of congress. AAPL & Microsoft are said to be relinquishes their roles on Open AI's board in an effort to avoid scrutiny for regulators. Inflation data out of China indicates a weak demand picture, next week there is a major meeting of the Politburo, and a stimulus announcement is expected. In Europe, markets are higher with travel stocks seeing positive action. Oil prices just turned lower, likely due to the economic data out of China. OPEC monthly report and stockpile data from the EIA are due out this morning.
S&P Futures are higher this morning ahead of Jerome Powell's address to the Senate. BP expects an impairment charge of 2 billion. GLW raised its guidance for the second quarter. A NATO summit starts today. President Biden pledges to boost Ukraine's air defenses. House democrats are said to be having a meeting today to address growing concerns over Biden's ability to win this year's presidential election. In Europe, markets have gone from green to red as market show conerns ahead of Powell's testimony. Oil prices are falling as Hurrican Beryl weakened to a tropical storm prior to hitting southern Texas.
S&P Futures are flat to lower this morning in what is expected to by a busy week in the financial markets. Fed Chairman Jerome Powell will be speaking to lawmakers on Capitol Hill this week. Key inflation reports are due out (CPI & PPI) and the Q2 earnings season gets underway. PARA agreed to a merger deal. Shares of BAX are higher as Carlyle is in talks to buy kidney care unit. Boeing has agreed to plead guilty. In Europe, markets higher as election result come in. Oil prices are falling as due to the weakening hurricane and geopolitical issues.
S&P Futures are ticking higher this morning ahead of the release of the Non-Farms Payrolls data. European elections outcome is a net positive due to the uncertainty factor being remove. Shares of Macy's are higher as the company receives a new buyout bid. Tesla is higher as the companies' vehicles as it was added to a governmental procurement list in China. Pressure for President Biden to step down is said to be increasing. He will be interviews today by the ABC network. In Europe, markets higher as markets remain positive as election results come in. Oil prices are flat to lower this morning.
S&P Futures are ticking higher this morning ahead of a host of economic schedule for release this morning. Markets close today at 1:00 ET. Tesla continues to move higher as the stock is up +3.5% in the premarket. PARA is said to have reached a deal with Skydance. The reshuffling of the BofA focus list is getting attention this morning. In Europe, markets higher as markets remain positive on recent inflation comments from Fed Chair Jerome Powell. Oil prices are showing some weakness ahead of this morning stockpiles release.
S&P Futures are lower this morning as markets awain economic data and comments from Fed Chair Jerome Powell. This morning we hav ethe JOLT's report scheduled for release and Fed Chairman Powell is scheduled to speak this morning at 9:30 am at the ECB conference in Portugal. Tesla release weak EV sales data this morning. Barry Dillard is said to be considering a bid for PARA. Bank stocks are raising divided payments after passing the Fed's latest stress test. In Europe, markets are lower as pending election and comments from ECB officials on interest rates is weighing on the markets. Oil prices continue to deliver gains. Hurrican Beryl, Middle East tensions and expectations of elevated summar demand are helping to keep prices higher.
S&P Futures are higher this morning ahead of a shorten trading week. U.S. market close early on Wednesday. Economic data in focus this week, Fed Chair Jerome Powell to speak tomorrow morning at the ECB Sinatra conference. The key economic datapoint for today will be the PMI readings. Boeing shares are lower as they have agreed to purchase Spirt AeroSystems in a deal. Shares of Disney & Tesla are on watch. The Pixar move Inside Out crossed the $1B mark in ticket sales. Tesla is expected to report quarterly deliveries tomorrow. In Europe, markets are mainly higher. French election results indicate the nations far right Nation Party is less likely to win an overall majority. Oil prices continue to display positive action on Middle East tensions and an expected demand increase in the 3rd quarter.
S&P Futures are positive as markets anticipate the PCE report to indicate a continue drop in inflation year over year. This morning PCE data is really the key market moving data point for today. The probability of a rate cut by September is currently at 64%, rising to 76% by November and 94% by December. The Biden Trump debate will receive increased media attention today, but did not provide anything new revelations on either candidate. Nike released disappointing earnings last night. In Europe, markets are mainly higher. Oil prices continue to gain with supply concerns and geopolitical issues causing the move.
S&P Futures are flat to lower this morning as last night's earnings from Micron is weighing on the chips sector. There is a host of economic reports due out before the opening bell including Jobless Clams, Durable Goods. The results of the Fed Stress Test are in with all major bank receiving a passing grade. Earnings from MU, LEVI and WBA failed to impress. Nike is schedule to release after the bell today. There are a host of pending catalysts including tomorrow's inflation data, French & U.K. elections and a host of Fed Speak tomorrow. In Europe, markets are mostly seeing red as market prepared for inflation data results. Oil prices are seeing gains as geopolitical issues are on the rise.
S&P Futures are indicating a move higher this morning as gains continued to be seen in the semiconductor sector. Nivida is scheduled to hold its shareholder meeting at noon ET. The economic data on New Home sales is due out after the opening. Southwest Airlines (LUV) issued a guidance warning this morning. RIVN shares are higher on news of a joint venture with Volkswagen. Volkswagen to invest $1B. Whirlpool (WHR) & Vista Outdoor (VSTO) are also trading higher on takeover speculation. In Europe, markets are mostly higher as tech and energy stocks are higher. Oil prices are trading higher ahead of this morning's stockpiles release from the EIA.
S&P Futures are positive this morning with gains being seen in tech stocks. Nivida is scheduled to hold its shareholder meeting tomorrow at noon ET. The economic calendar is active this morning with the key report being the Consumer Confidence data due out 30 min after the opening bell. After the bell today FDX & PRGS are schedule to report earnings. In Europe, markets are lower as weakness in tech and pending elections remain sources of market volatility. Oil prices are ticking lower with Chinese demand concerns in questions. After the bell today watch for the API stockpiles data.
S&P's are higher as concerns over pending elections in Europe have started to subside. Showing gains in Autos, Healthcare, Retail, and Travel stocks this morning.
S&P Futures are slightly lower this morning as the recent AI rally is starting to fade. Canada is said to be considering tariffs on Chinese electronic vehicles. Markets to focus on the release of Purchasing Manager data due out after the open. FDX, MU & NKE are set to release earnings next week. In Europe, markets are negative as Flash PMI data in Europe came in weaker than expected. Oil prices are tick slightly lower but remain on track for a weekly gain. European PMI data is said to be the catalyst for this morning's weakness.
S&P Futures are slightly higher with this morning with semiconductor stock leading the move. MU is scheduled to release earnings next week. There are a host of earnings reports this morning, but none after the close. Multiple Cental Bank meetings today, The BOE is making an announcement at 7:00 am, the Swiss National bank lowered rates by 25 basis points this morning. Jobless claims will be a key focus this morning. In Europe, markets are positive with central bank meetings in focus. Oil prices are tick slightly lower, with stockpile data to be released after the opening bell.
S&P Futures are slightly higher with this morning report on Retail Sales in focus. Estimated are looking for a gain of 0.20 in May after a soft April reading. Statements from Fed officials on a possible December rate cut is helping tech stocks. Today the calendar is packed with a host of Fed speakers. LZN & LEN reported positive earnings last night, LEN's pricing margins were weaker than expected. Shares of Boeing are lower as the DOJ considers taking action, tomorrow the CEO is scheduled to appear before the Senate. In Europe, markets are positive with gains in banks, travel and tech. Oil prices are tick slightly lower, with this afternoon's stockpiles report in focus.
S&P Futures are showing signs of weakness as economic data out of China was mixed and a rally in European stocks is fading. There are a host of Central Bank meeting this week and tomorrow. Tuesdays Retail Sales report will be the key data point for this week. This afternoon we have earnings reports due out from LZB & LEN. Shares of Autodesk are higher as Starboard is said to have taken a position in the company. In Europe, markets are given back the strong open bell gains and are not mixed to higher. Oil prices are tick lower on economic reports from China.
S&P Futures are headed for a weaker opening this morning as markets in Europe slide. MSC Industrials issued a profit warning overnight, which is an indication of the state of growth in the economy. ADBE reported positive earnings overnight. ARM is being added to the NASD-100 index. Economic calendar is rather light this morning. In Europe, markets are lower as political concerns in France have indices non edge. Putin is said to have outlined conditions for peace talks with Ukraine which comes after G7 support yesterday. Oil prices have reversed course and are now trading higher.
S&P Futures are flat to higher this morning ahead of this mornings PPI report for May. President Biden is in Italy for the G7 summit, Ukraine, AI risks & migration issues being discussed. TSLA has its shareholder meeting after the bell where a vote is being held on Musk's $56B pay package. AVGO released positive earnings last night along with a 10 for 1 stocksplit news. In Europe, markets are lower as industrial output declines. Oil prices are falling as traders start to price in the unexpected rise in stockpiles data and the fed's projections on interest rates.
S&P Futures are slightly higher this morning as markets awaits this morning CPI release. Also, today there is the Fed announcement. The Fed has been very consistent with its guidance, but the Dot Plot data will likely be a source of volatility today. It is likely to move down to 2 rate cuts in 2024, markets would not be surprised if that figure comes in at 1 cut. Oracle delivered weaker than expected results last night, but their guidance is giving the stock a lift. Tesla's shareholder meeting it tomorrow where a vote will be held on Musk's pay package. In Europe, markets are showing gains, however, auto stocks are falling as the EU is moving forward with tariffs on Chinese EV vehicles. Oil prices are higher with multiple factors in play. API stockpiles data showed a draw, IEA raised its oil demand forecast and tensions in the Middle have elevated again.
S&P Futures are indicating a weaker opening this morning as caution appears to be dominating the markets sentiment. There are a number of upcoming catalysts that the markets are watching including the latest Federal Reserve interest rate decision, CPI data and key economic data due out from China tomorrow. LLY is higher after receiving a positive panel review of its experimental Altizer's drug. AAPL is falling as momentum into its WWDC event fades. Israel's El Al is said to be in talks with BA to purchase 30 737 Max planes. In Europe, markets attempted a bounce back, but the early morning gains could not hold. Oil prices are giving back some of yesterdays gains ahead of this morning OPEC report.
S&P Futures are displaying weakness this morning as European election results and the pending Fed announcements has prices moving lower. CRWD, GDDY & KKR will be added to the S&P 500 on 6/24. NVDA is trading on a split adjusted basis this morning, share are slightly lower. Apple's World Wide Developers conference starts today. Moderna released positive phase 3 data on its Covid/Flu vaccine this morning. In the week ahead, watch for earnings announcements from CASY, ORCL, PLAY, AVGO, RH & ADBE. In Europe, markets are falling due to election results and France calling for snap elections. Oil prices are trading slightly higher this morning
S&P Futures are flat this morning as market wait for this morning's Non-Farm payrolls report which will likely determine the markets direction for the day. DOCU & MTN failed to impress on their earnings results last nights. After the bell today watch for earnings announcements from MTN & DOCU. The FTC is looking into MSFT deal with Inflection AI. In Europe, markets are falling as the anticipation of the ECB announcement is causing traders to fade their positions Oil prices are trading slightly higher with the Baker Hughes data due out later today.
S&P Futures are flat this morning as market wait for this morning's ECB announcements. The Bank of Canada yesterday issued a rate cut and said more cuts are likely needed. The key economic data point for today will be the Non-Farms Payrolls report. This morning there is positive action in SMAR & LULU after earnings last night. After the bell today watch for earnings announcements from MTN & DOCU. In Europe, markets are positive in anticipation of the ECB announcement. Oil prices are trading slightly higher on the expected rate cut from the ECB is helping to lift prices this morning.
S&P Futures are higher this morning with Central Bank meetings in focus. Bank of Canada is expected to lower rates today and the ECN is expected to do the same tomorrow. Today's key economic data point is the ADP Employment report due out before the opening bell. Markets are reacting positively to earnings last night from CRWD & HPE. DLTR said that they are considering spinning off Family Dollar. After the bell today watch for earnings announcements from Lululemon, Dollar Tree, Brown-Forman, and Campbell Soup. In Europe, markets are positive as economic data continues to show growth. Oil prices are trading slightly higher with the official stockpiles data schedule for release today.
S&P Futures are displaying negative sentiment this morning which is mainly due to yesterday's weak PMI reading. Autos, banks, oil and tech stocks are moving lower. Today's key economic data point is the JOLT's report due out 30 mins after the opening bell. After the bell today waht for earnings reports from CrowdStrike, Hewlett Packard Enterprise, Bath & Body Works & PVH. Markets in India fell hard overnight due to the countries election results. India's downward move is likely contained. In Europe, markets are in the red. The ECB announcement is scheduled for Thursday. Oil prices are down hard as market price in weaker economic growth along with pending increases in OPEC production.
S&P Futures are displaying some positive indications this morning. It's a big week for the market with employment data and an ECB meeting scheduled for this week. Friday's Non-Farm Payrolls report will likely be the key economic data point of the week. Over the weekend NVDA & AMD presented a roadmap on chip development, which is helping to keep AI enthusiasm high. GSK is down hard this morning as courts believe that there is a link between its Zantac drug and cancer. In Europe, markets are higher on the back of this morning PMI releases and ahead of the ECB announcement on monetary policy this week. Oil prices are mixed to lower; Sunday's OPEC meeting was neutral to slightly bearish for oil prices.
S&P Futures are weakening this morning as markets await a key economic report due out before the opening bell. This morning's PCE report will focus on the annual core data point. The core PCE deflator likely moderated in April to the slowest monthly pace yet this year, potentially providing some relief after a year of sticky inflation. Tech stocks are weak this morning, healthcare stocks are rising. In Europe, markets are starting to turn higher as this morning's. Oil prices are mixed to lower, weakening economic data out of China, this morning PCE report and anticipation of this weekend's OPEC are all important factors today.
S&P Futures are moving lower this morning. Salesforce.com is off by 16% this morning which is weighing on Dow futures. CRM released modestly disappointing earnings last night. The key economic report for today is the Q1 revision to the GDP data. Banks are trading higher this morning while semiconductor stocks are falling. After the bell today there are earnings reports due out from COST, DELL, MRVL, ZS, NTAP & ULTA. In Europe, markets are showing modest gains and oil prices are weakening due to last night API oil stockpiles estimates indicating that inventories fell by 6.49million barrels last week.
S&P Futures are displaying weakness this morning. Minn Fed Kashkari comments on not taking the possibility of rate hikes off the table is dampening markets sentiment. The key economic report for today is this afternoon Beigh Book release. Airlines stocks are weakening on the back of the latest company supplied guidance data. Merck is said to be buying EyeBio. Robinhood announced a $1B share buyback. After the bell today there are earnings reports due out from CRM, A, HPQ, PSTG, PATH & AEO. In Europe, markets are lower on monetary policy concerns and oil prices are moving higher due to geopolitical tensions and pending stockpile reports.
S&P Futures are higher this morning as markets look to catch up after yesterdays holiday. Key economic report for today is the Consumer Confidence report. Active week ahead on the earnings front with reports due out from AAP, ANF, DKS, HPQ, CRM, COST, DELL MRVL and others. AAPL shares are gaining this morning on news of a spike in iPhone sales in April in China. Markets are keying on Friday inflation report, markets continue to expect only 1 rate cut in 2024. In Europe, markets are displaying weakness and Oil prices are displaying gains with stockpile and economic reports due out this week along with an OPEC meeting on Sunday.
S&P Futures are higher this morning ahead of the Memorial Day weekend, markets are now looking at December for the first rate cut. News that Ukraine has hit Russian air defense with U.S. weapons just hit the tape. Key economic report for today is the Durable Goods Orders. Earnings last night from DECK & ROST and BAH were positive. In Europe, markets are displaying weakness this morning and Oil prices are off by -0.75%.
S&P Futures are gaining this morning as tech stocks move higher. Last night's earnings report from NVDA remains the key story for today's action. Also, this morning, markets will be paying attention to a couple of economic reports. DuPont de Nemours is planning to split itself into three publicly traded companies. Justice Dept appear ready to file suit against Live Nation ticketing monopoly. Ukraine may receive approval to use U.S. weapons inside of Russia. In Europe, markets are higher as tech rallies and European PMI reports indicate growth. Oil prices are rebounding and higher by more than 0.50%.
S&P Futures are lower this morning with a host of market catalysts on tap. The afternoon release of the Fed Meeting minutes are expected to come across with a hawkish tone. This morning the market is reacting to earning reports from ADI, TGT & VIPS. After the bell today NVDA and SNOW are releasing. Expects some additional announcements from the MSFT Build conference today. Mgmt changes at LULU is causing weakness in the stock this morning. In Europe, markets are lower on inflation data and concerns on NVDA eps report this afternoon. Oil prices are lower by more than 0.50% with stockpiles data in focus.
S&P Futures are flat to slightly higher this morning. On tap today will be host of comments from Fed officials as they attempt to provide clarity on their positions ahead of the release of the Fed Minutes tomorrow. The MSFT Build conference gets underway today. IBM makes AI announcements related to deals with CRM and Saudi Arabia. On the earnings from tech stock PANW & KEYS are moving lower after releasing beats yesterday. LOW is higher after releasing this morning. NVDA is releasing its earnings tomorrow afternoon In Europe, markets are lower as traders grapple with the idea that the ECB may be one and done in terms of rate cuts this year. Oil prices are lower by more than 1% with forward demand concerns in focus.
S&P Futures are positive this morning. Fed speakers are out in force this morning likely looking to underscore the current narrative that rates need to remain higher for longer. The FOMC Meeting notes to be released on Wednesday. In company news, Apple is expected to announce its iOS18 at next month conference, heard they have added OpenAI tech to their operating system. Elliott is said to have built a 1B stake in Johnson Controls (JCI). NVDA is releasing its earnings on Wednesday. In Europe, markets are higher with the protentional June rate cut in focus. Oil prices have just turned negative but remain in a tight trading range.
S&P Futures are flat and rather non directional this morning. Markets will be paying attention to comments from Fed speaker and key corporate developments today. Fed Gov Waller typically creates market volatility when he speaks. In company news, Microsoft will offer cloud-computing customers the option of using AI chips from Advanced Micro Devices instead of Nvidia AI processors. RDDT announced a deal with Open AI and last night's earnings action was underwhelming. China announced its long await stimulus package to help shore up its property markets. In Europe, markets are showing weakness due to monetary comments from ECB officials on the path of interest rates. Oil prices are weakening this morning due to forward demand concerns.
S&P Futures are slightly higher again this morning. Corporate earnings in focus as CSCO delivered a solid report last night. BIDU & JD are higher, DE is lower on earnings this morning. Key economic data point for today will be the Jobless Claims report before the bell, there is also a host of Fed Speak happening today. China is set to release reports this evening on retail sales and industrial production. In Europe, markets are softer as corporate earnings are weighing on those markets. Oil prices are weakening this morning due to forward demand concerns.
S&P Futures are slightly higher this morning ahead of this morning Consumer Prices Index release. The annual core reading is expected to come in at 3.6% vs. 3.8% last month. Mester of the Cleveland Fed feels that it is too early to conclude that inflation is reversing. Markets have seen a host of positive AI announcements this week, the MSFT Build conference starts on Tuesday (5-21). After the bell today CSCO is set to report. Thursday morning, we have earnings reports due out from NICE, BIDU, JD and WMT. In Europe, markets are mostly higher due to corporate earnings releases and positive Eurozone GDP data. Oil prices have given up early morning gains and are now flat to lower ahead of this morning's IEA report.
S&P Futures are flat to higher this morning with the pending release of the Producer Price Index in focus. Data is due out 1 hour before the opening bell and a reading of 0.3% expected. Tomorrow the attention will be on the CPI data. Fed Chair Jerome Powell is scheduled to speak at a conference this morning. The White House announced a slate of tariffs on China-made products ranging from steel to electric vehicles. In Europe, markets are flat to lower. Oil prices are slightly higher. OPEC released its monthly report this morning and kept is 2024 global oil-demand growth forecast at 2.2mbpd.
S&P Futures are showing gains this morning as markets awaits key economic and earnings releases this week. Tomorrow the attention will be on the PPI report, on Wednesday it will be on the CPI data. Fed Chair is set to speak tomorrow at a conference. Earnings announcements are expected from Home Depot and Alibaba on Tuesday, Cisco on Wednesday and Walmart on Thursday. In Europe, markets are flat to lower. Oil prices are slightly positive on the mixed economic data out of China on Saturday. Monthly reports from OPEC and the IEA are due out this week.
S&P Futures are extending their gains this morning. The cooling job market is boosting markets expectations on rate cuts. Markets will be paying attention to the elevated number of Fed speakers today for commentary on inflation and the timing of rate cuts. The Biden administration is said to be looking to roll out new tariffs on China's EV sector. Key inflation data is due out next week including the PPI on Tuesday and the CPI on Wednesday. In Europe, markets are higher with positive sentiment on a June rate cut and GDP growth data in the U.K. Oil prices are positive this morning as markets are watching demand levels from the U.S. and China.
S&P Futures are flat to lower and in need of a spark. ARM's forward guidance has markets concerned. APP beat forecasts And COST delivered positive same store sales data after the bell yesterday. In focus this morning is the Weekly Jobs data and a monetary policy announcement from the BOE. In Europe, markets are mainly higher with gains in autos and energy stocks. Oil prices are positive this morning due to China's trade data and continued optimism over the recent stockpiles report.
S&P Futures are flat to higher with the markets looking for a catalyst to create volatility this morning. Earnings announcements continue to be a key factor behind the market momentum with positive earnings reports from ANET, WYNN &RDDT. Next week Walmart and Home Depot are scheduled to release. President Biden is in WIS to announce a $3B MSFT datacenter while his administration has revoked the export licenses that allow Intel and Qualcomm to supply Huawei with semiconductors. In Europe, markets are higher with gains in industrials, media and healthcare. Oil prices have turned lower this morning, API data showed a build in inventories.
S&P Futures are higher this morning as encouraging Fed speak yesterday is reigniting the markets expectations for rate cuts this year. Positive earnings from DIS, J & KVUE has hit the tape already this morning. After the bell today watch for earnings from ARM, ABNB, TTD, APP & HOOD. The EU has approved the acquisition of U.S. Steel by Nippon Steel. Apple has made multiple announcement this morning ahead of this morning's product launch event. - In Europe, markets are higher with gains in banks and tech stocks. Oil prices have turned lower this morning, the recent events in the Middle East do not appear to be adding to oils volatility.
S&P Futures are higher this morning as the market remains positive on Friday's employment report which is viewed as a catalyst for the Fed to lower interest rates. Positive earnings from Berkshire Hathaway came out over the weekend, they also revealed that they lower their stake in AAPL. Lowes reported a beat this morning on higher revenue. Middle East tensions are rising as ceasefire talks appear to be in jeopardy. In Europe, markets are higher with gains in autos and energy stocks. ECB appears to be on track for a June rate cut. Oil prices are higher this morning.
S&P Futures are showing positive activity this morning ahead of the widely anticipated Non-Farms Payrolls report this morning. The payrolls data is the key economic data point for the day and is expected to show a number near 240K added jobs for April. Earnings from AAPL beat against a low bar. AMGN also beat, but their update on their weight loss drug is causing significant gains this morning. Key earnings announcements for nest week include BP, DIS, ANET, UBER, BUD, TTD & ABNB. In Europe, markets are higher with gains in financials and luxury stocks. Oil prices are slightly higher back this morning and appear headed for a 5% loss for the week.
S&P Futures are showing strong gains this morning as markets continue to digest yesterday's commentary from Fed Chair Jerome Powell. His comment that the next move is not likely to be a hike was well received. The economic calendar is highly active this morning with employment data on tap. MSFT announced a big investment in Malaysia for its cloud and AI efforts. Strong rebound in Hong Kong, Chinese tech stocks are gaining. There were a host of key earnings announcements last night and after the bell today AAPL, AMGN SQ & DKNG are scheduled to report. In Europe markets are turning higher. Oil prices are showing a slight bounce back this morning after yesterday's 3% drop.
S&P Futures are slightly lower this morning as the market is preparing for a negative commentary on interest rate by the Fed this afternoon. The economic calendar is highly active this morning, but the key datapoint for today will be the Fed announcement. CVS lowered full year guidance, JNJ is looking to spin litigation risk for talc powder lawsuits into a new fund. There were a host of key earnings announcements last night and after the bell today QCOM, DASH, ALL, EBAY & Z are scheduled to report. In Europe markets are mostly closed for the Labor day Holiday. Oil prices are falling with stockpile data in focus.
S&P Futures are slightly lower this morning with corporate earnings and tomorrows Fed announcement being the key short-term factors for markets. On the economic front, the Fed starts its two-day meeting today, later this morning there is the Consumer Confidence report being released. MMM came in with an earnings beat this morning. After the bell today AMZN & AMD are scheduled to release. In Europe markets are slightly lower with markets paying attention to corporate earnings announcement. Oil prices are slightly higher with truce talks being a key area of interest for oil traders.
S&P Futures are higher this morning as markets prepares for an important week ahead. Key earnings data, a Fed announcement and a host of economic data on employment are on tap for this week. DPZ is trading higher after releasing positive earnings this morning. TSLA is said to have been given the green light in China to roll out its driver-assisted service. Egypt is pushing a new cease-fire proposal which is causing tensions in the Middle East to subside. In Europe markets are higher with financial shares gaining. Oil prices are slightly lower in a reaction as a cease-fire proposal appears possible.
S&P Futures are displaying a strong move to the upside this morning due to strong earnings reports from MSFT & GOOG last night. Key economic data point for the day is today's Personal Income and Spending data due out 1 hour before the opening bell. Secretary of State Blinken is in China for a meeting with President Xi to address trade complaints and their support for Russia. CVX & XOM both reported positive earnings this morning. In Europe markets are higher with tech shares gaining. Oil prices are slightly higher and looking to close out the week with a gain.
S&P Futures are moving lower this morning as the AI fueled rally appears to be stalling. The economic calendar is active today with this morning with the Q1 GDP report on tap for release. There is weakness in tech this morning after last night's earnings, specifically from META. Meta's release was actually very good report, but the expectations, similar to NFLX were very high. This morning MRK, HON & DOW all released earnings beats. In Europe markets are mixed with the focus on corporate earnings. Oil prices are flat to higher ahead a host of pending economic data points.
S&P Futures are displaying gains this morning as earnings reports are lifting stock prices. On the economic calendar there are two upcoming economic reports to pay attention to. Tomorrows GDP and Fridays PCE releases. This morning there is the Durable Goods report is due out. Tesla is higher as the automaker rolls out a low-priced EV unit & talks up the cybercab. IBM is in focus today as the company appears likely to takeover cloud software provider HashiCorp and they are releasing earnings after the bell. In Europe markets are positive on corporate updates and a positive German business sentiment reading. Oil prices lower ahead of today stockpiles report.
S&P Futures are indicating a positive opening this morning with corporate earnings in focus as 40% of the S&P 500 companies are schedule to report this week. GM, NVS & UPS have already delivered positive reports this morning and are all showing gains in the pre market. Apple's iPhone sales in China are said to be off by 19% in Q1. Purchasing Managers data on tap this morning and expected to show gains vrs the March figures. In Europe markets are higher due to positive earnings reports and the EuroZone PMI reading. Oil prices have just changed direction and are now trading lower. This afternoon's stockpiles report will likely be a key catalyst for oil.
S&P Futures are indicating a strong opening for this morning as geopolitical tensions subside. The week ahead is filled with earnings reports from big tech companies and there are a host of important economic releases. SalesForce.com intended takeover of Informatica appears unlikely to occur as the two sides are unable to agree on terms. In Europe markets are higher ahead of European bank earnings this week. Oil prices are falling as the high level of spare capacity within OPEC countries is considered to be a buffer for any supply shocks.
S&P Futures are lower this morning as market react to the big headline of Israel's attack on Iran. The attack was more symbolic in nature and while the S&P fell hard on the news they have since recovered and are setting up for a strong week ahead as Big Tech begins to release earnings. There will be no Fed Speak next week as the Fed officials will be in their blackout period ahead of the FOMC meeting. Last night's earnings announcement from NFLX was positive, but their forward guidance suggests subscriber rates could be peaking. In Europe markets are lower in a reaction to heightened geopolitical tensions. Oil prices surged 4% on news of the Israeli attack but have given back those gains as oil is now trading lower.
S&P Futures are mostly higher this morning with chips stocks in focus. TSMC earnings report was mainly positive & MU appears to be in line for a 6B grant from the Biden Administration. This morning earnings announcements from ALK, CMA & DHI were positive. After the bell today NFLX is set to release with subscriber data in focus. In today's action Fed Speakers will be out in force as the black out period starts on Saturday. In Europe markets are higher as middle east tensions are falling. Oil prices remain bearish as stockpile data in came in weak yesterday and President Bidens reissuing the sanctions on Venezuela were not as bad as feared.
S&P Futures are showing positive action this morning due to mostly positive corporate updates. Shares of UAL are higher after a strong earnings report last night. Shares of ADSK are weak as it will be late with its annual report. The economic calendar is light today with Beige book data due out this afternoon. The Biden admin is looking to triple the tariffs on Chinese steel and aluminum products. The U.S. & The U.K are expected to announce a new round of sanction on Iran. In Europe markets are higher due to strong earnings reports. Oil prices are weakening with stockpile data in focus this morning.
S&P Futures are flat to lower this morning with multiple factors in play. The possibility of Israel striking back at Iran remains a hot topic for the markets. New expectations that the Fed will only issue 1 rate cut in 2024 has markets on edge. Corporate earnings remain a key driver for stocks. This morning BAC, BK, JNJ, PNC and UNH all reported better than expected results. Fed Chair Powell to speak today at 1:15 pm. In Europe markets are down by more than 1% and oil prices are displaying some weakness in the pre-market.
S&P Futures are trading higher this morning as market react to a de-escalation of tensions in the Middle East. The markets will continue to monitor the situation but will also be paying attention to this morning's Retail Sales report and corporate earnings announcements. Metals are higher amid new sanctions on Russia from the U.S. & the U.K. Salesforce.com is said to be eyeing a takeover of Informatica (INFA). Earnings are due out this morning from GS and SCHW. In Europe markets are displaying gains and oil prices are falling as Ian indicated that it is done with its retaliatory actions.
S&P Futures are slightly lower this morning. International events are playing a role in this morning's action. China is telling its telecom firms not to use foreign made chips. The Biden administration has added 6 Chinese companies to its blacklist. Iran is expected to launch a retaliatory strike within days. First quarter earnings season kicks off today with reports due out from a number of big banks. In Europe markets are displaying strong gains as inflation data is weakening. Oil prices are being support by Middle East tensions; IEA cut its forecast for oil-demand growth this year.
S&P Futures are lower this morning as markets remain bearish due to yesterdays CPI report which showed another month of rising inflation. As a result, the odds of a Fed rate cut are being push out to September. Markets are monitoring the headlines out of the Middle east as tensions are escalating. This morning, we have inflation indicator report being release, as the PPI final demand data is due out before the opening bell. Big banks will be active today with C, JPM, WFC set to release earnings tomorrow morning. Shares of FAST & KMX are lower after weaker than expected results In Europe markets are little changed in anticipation of this morning's ECB announcement. Oil prices are being support by geopolitical risk and expectation for positive near-term demand.
S&P Futures are higher this morning as market anticipates this morning CPI report on inflation and the release of the Fed meeting minutes this afternoon. Shares of Delta Airlines are higher after a positive earnings release. President Biden is holding a press conference today with Japan's Prime Minister at 11:00 am. Israel & Hamas are said to be considering a U.S. proposal for a cease-fire. Fitch Rating downgrade China's credit rating. In Europe markets are higher in anticipation of this morning's CPI report and tomorrows ECB meeting. Oil prices are higher as trader look towards this morning's inflation and stockpiles reports.
S&P Futures are flat to lower this morning with the focus on tomorrow's inflation report. Minneapolis Fed Kashkari indicated that he is concerned that the recent rise in oil prices will keep inflation higher. Israel is looking to start offensive action in Rafah. Economic calendar is quiet this morning. After the bell today are earnings reports from SGH, PSMT & WDFC. President Biden is schedule to make remarks on the Care Economy this morning and meets with Japan's Prime Minister this evening. In Europe markets are higher as market react to economic data and prepare for this week's ECB announcement. Oil prices are lower this morning as tensions in the Middle East are falling.
S&P Futures are flat to higher this morning. Markets to focus on inflation data, the Feds meeting minutes and earnings reports from the big banks this week. Markets are adjusting to the possibility of only 2 rate cuts in 2024. Treasury Sec Yellen wrapped up a 4-day trip to China where she warned the country about the hazards of boosting capacity in the EV and solar panel markets. In Europe markets are higher as market react to economic data and prepare for this week's ECB announcement. Oil prices are lower this morning as tensions in the Middle East are falling.
S&P Futures are moving higher this morning as markets display some resiliency after yesterday selling pressure. The key economic data point for today will be the Non-Farms payrolls report. Today's Fed speak will alco be closely monitors as yesterday's comment form Minn Fed Kashkari caused markets rethink the timeline of rate cuts. Tres Sec Yellen is in China discussing state sponsored industrial production. Israel remains on high alert for a possible relation strike from Iran. JNJ announces a deal to buy Shockwave Medical. In Europe markets are lower on economic data, Fed comments and geopolitical issues. Oil prices are slightly higher this morning and headed for a second week of gains.
S&P Futures are moving higher this morning as markets continue to digest the relatively dovish comments from Fed Chair Jerome Powell yesterday. Today's calendar is very active in terms of Fed Speak and they will likely continue with the narrative that the Fed can afford to wait on more economic data before initiating a rate cut. In corporate news, DIS won its proxy battle against Nelson Peltz. PARA board is looking for alternative bidders. AAPL is said to be consider home robotics for its next big thing. In Europe markets are mostly higher due to better-than-expected economic data. ECB meeting minutes are due out today. Oil prices are slightly lower this morning.
S&P Futures are cautiously lower this morning. Key events to monitor include the details of a 7.4 earthquake in Tawain overnight. Eurozone's inflation reading being weaker than expectations. A speech by Fed Chair Jerome Powell and a host of economic reports. In corporate news, DIS is having its shareholders meeting today and INTC announced that its Foundry unit lost $7b in 2023. In Europe markets are mostly higher as markets expect the ECB to lower rates in June after this morning's positive reading on inflation. Oil prices tick higher ahead of OPEC meeting and this morning stockpiles report.
S&P Futures are weakening this morning as yields on the 10 year treasuries hit their highest level in more than 4 months. Yesterday's positive ecnomid data has the markets pushing back its time frame on when rate cuts will commence. Change to Medicare will result in insurers being paid less is causing weakness in that sector this morning. GE is spinning off GE Vernova today, the shares will be traded under ticker GEV. In Europe markets are mostly higher and Oil prices are seeing strong gains as geopolitical issues push prices higher.
S&P Futures are displaying gains this morning as markets start to price in Friday PCE data along with Fed Chairmen Jerome Powell's comments from a speech of Friday. Markets are starting off the second quarter on a positive note, 3M is spinning off Solventum today, the shares will be traded under ticker SOLV. Market will be focused on employment data in the week ahead with Friday Non-Farm Payrolls report being the key economic report for the week. In Europe markets are closed and Oil prices slightly negative with multiple key catalysts ahead.
S&P Futures are slightly lower this morning ahead of tomorrow's PCE report which will be released when markets are closed. This morning economic reports include Jobless Claims and a data revision to 4Q GDP. Fed Gov Waller spoke late yesterday and feels that the Fed can take its time for lowering interest rates. Walgreens is scheduled to release earing this morning. In Europe markets are cautiously higher and Oil prices are positive as the market look ahead to an OPEC meeting next week.
S&P Futures are again displaying indications of a strong opening this morning. MMM is about to spin off its healthcare business in an IPO next month. MRK is trading at a 52 week high on a key FDA approval. On the Eanings front, shares of nCinco (NCNO) are higher by 12% on positive earnings, (it was the stock of the day yesterday on NewsWare's Trade Talk podcast). European markets are higher and Oil prices are lower this morning ahead of pending stockpile reports.
S&P Futures are display indications of a strong opening this morning. While Fridays PCE report is the key economic release of the week, today markets will be paying attention to a host of key economic data points including Durable Goods for February, the Case-Shiller Home Prices Index for January and Consumer Confidence data for March. On the Eanings front, Spice maker McCormick (MKC) deliver a positive earnings against weak expectations, (it was the stock of the day yesterday on NewsWare's Trade Talk podcast). MMM announces settlement in earplug litigation. European markets are higher in cautious trading and Oil prices are flat to higher this morning ahead of pending stockpile reports.
S&P Futures are moving lower this morning in a holiday shortened week. Tech is under pressure as China indicates that it will cease buying PC's containing INTC or AMD chips. EU regulators are looking into AAPL, META & GOOG over violation of new digital competition law. Markets will be paying attention to Fed Speakers today. European markets are lower with weakness in tech and Oil prices are moving higher this morning on geopolitical events.
S&P Futures are positive this morning with markets continuing to display strength mainly due to the Fed's continuation of 3 rate cuts in 2024. The economic calendar is void of any market moving reports today, however the Fed is scheduled to hold a Fed Listens event. Earnings were mixed yesterday after the close, FDX is higher, LULU and NKE are trading lower this morning. A ceasefire proposal is likely to be presented at the UN today. European markets are higher, retail sales data out of the U.K was positive and Oil prices have turned higher this morning.
S&P Futures are displaying solid gains this morning as yesterday's Fed news is sparking a rally in equities. Fed Chairman Jerome Powell was dovish in his press conference. This morning's PMI data for manufacturing and services will be widely watched. On the earnings front, Micron delivered a positive report sending the shares higher. This afternoon we have reports due out from NKE, FDX & LULU. Apple shares are week as an announcement from the DOJ is expected today. European markets are higher, there is a BOE rate decision today and Oil prices are displaying weakness this morning.
S&P Futures are lower this morning and are in a tight trading range which is typical pending an announcement by the Fed on monetary policy. The updated Dot Plot data will provide the markets with indication as to the timing and the number of possible rate cuts in 2024. Intel is showing strong gains this morning as they will be receiving an $8.5B grant from the Chips Act later today. Shares of Chipotle Mexican Grill are higher after the board approved a 50-for-1 split of the fast-casual restaurant chain's common stock. Boeing shares are lower as their CFO said that the company is limiting production of its 737 planes. European markets are mixed to lower and Oil prices are displaying weakness this morning ahead of a key stockpiles report.
S&P Futures are lower this morning as traders show caution ahead of tomorrow's FOMC announcement. Overnight, the Bank of Japan lifted interest rates and gave dovish guidance. At the Nivida conference late yesterday, they introduced its new Blackwell chip system. In Europe, markets are mainly higher. Oil prices are slightly lower this morning.
S&P Futures are trading higher this morning as markets await monetary decisions from the BOJ, FOMC & the BOE this week. The BOJ is expected to hike interest rates while the FOMC & the BOE are expected to leave rates unchanged. Wednesday announcement will include an update to the Feds Dot Plot which is expected to show Fed members penciling in 2 rate cuts this year, down from 3. Apple is said to be in talks with Google over the use of its Gemini AI tool in its new iPhone. Nivida GTC Developers conference starts today, Keynote address to discuss the company's latest AI offerings. President Biden is expected to announce a chip grant on Wednesday in Arizona. Earning announcement this week include MU, FDX, LULU & NKE. In Europe, markets are mainly higher. Oil prices are also positive this morning with both contracts at 3-month highs.
S&P Futures are trading higher this morning ahead of multiple economic releases due out this morning. Markets expected to have some near-term volatility as there is a FOMC meeting next week. June rate cut expectations are falling. Key take away from next week's meeting is likely to be a revised Dot Plot. The BOJ is expected to announce an increase in interest rates on Monday. Chip stocks under pressure this morning as China urges EV makers to buy chips domestically. Next week, watch for earnings announcements from MU, FDX, LULU & NKE. In Europe, markets are mainly higher Oil prices are lower, but expected to finish the week with a strong weekly gain.
S&P Futures are displaying solid gains this morning as the market eagerly anticipates the release of key US economic indicators, including producer price data. The PPI data is used to calculate the PCE data which is due out on March 20th. In deal news, PARA sells its 13% stake in Viacom 18 to India's Reliance, AZN to buy rare-disease specialist Amolyt Pharma. Earnings from ULTA & ADBE are due out after the bell today. FOSL, QSR & UA announced CEO changes. In Europe, markets are trading higher Oil prices are gaining this morning on the back of the monthly report from the International Energy Agency.
S&P Futures are moving slightly higher morning. The economic calendar is light this morning and Federal Reserve officials are in their black out period ahead of next week's FOMC meeting. Earnings from DLTR, WOOF and WSM are due out his morning and PATH, S & LEN are due out after the bell. In Europe, markets are trading higher Oil prices are gaining this morning ahead of the release of the monthly OPEC report.
S&P Futures are positive this morning with this morning's CPI release in focus. The February report is likely to reflect a continued gradual disinflation process in the US, although the inflation rate remains elevated. In an interview last night, JPM CEO Jamie Dimon suggested the Fed needs to wait longer before cutting interest rates. Shares of ORCL are higher by 13% this morning after last night's earning release. In Europe, markets are trading higher Oil prices are gaining this morning ahead of the release of the monthly OPEC report.
S&P Futures are in the red this morning with tomorrow report on inflation in focus. While tomorrows release is expected to show a decrease in the core, it is not expected to be in a range that the Fed wants to see before they start moving forward with rate cuts. Shares of Boeing are lower this morning on news that the Justice dept is considering a criminal probe into manufacturing concerns. After the bell today earnings announcements are expected from ORCL, CASY & MTN. In Europe, markets are trading lower due to the pending inflation reports due out this week. Oil prices are slightly lower this morning.
S&P Futures are displaying slight gains this morning ahead of this morning Non-Farms Payrolls report from the Labor Dept which could shed some light on the state of U.S. labor demand and influence how the Federal Reserve approaches upcoming interest rate decisions. Fed Chair Jerome Powell, meanwhile, says policymakers are "not far" from having the confidence that inflation is sustainably easing, fueling hopes for rate cuts this year. Fed Chair appeared dovish in his appearance before the Senate yesterday. Bidens' State of the Union speech was more political and did not contain any significant items that would drive markets today. In Europe, markets are slightly higher as the ECB displayed a dovish tone at the conclusion of the ECB meeting yesterday. Oil prices have reversed course and are now trading lower.
S&P Futures are higher this morning ahead. Fed Chair Jerome Powell is schedule to speak before the Senate today. This evening President Biden will be giving the State of the Union speech. He is expected to highlight his administrations achievements and to touch on topics such as corporate taxes, immigration and the conflicts in Ukraine and the Middle East. Multiple key earnings announcements are scheduled for release after the bell today (AVGO, COST, DOCU, GPS & MRVL). In Europe, traders are awaiting commentary on monetary policy from the ECB this morning. The ECB is expected to hold rates steady. Oil prices are falling due to economic data out of China and the lack of a clear stimulus package from Chinese officials at the Two Session meeting.
S&P Futures are higher this morning ahead of a key speech by Jerome Powell this morning. Tech stocks are positive as CRWD delivered positive earnings results last night. In addition to Powell there are a host of other Fed officials speaking today whose commentary is expected to be in step with Fed Chairman Jerome Powell. Employment data is on watch this morning with the ADP employment and the JOLTs reports scheduled for release. In Europe, stocks are gaining on positive export data out of Germany and expectations of tax cuts in the U.K. Oil prices are higher as Hamas is pushing for a ceasefire in the Middle East and price hikes from Saudi Arabis to Asia.
S&P Futures are lower this morning and trading is cautious. Market's attention is really on tomorrow testimony by Fed Chairman Jerome Powell. Powell may provide insight as to when the Fed may start to lower interest rates. Share of Target are displaying strong gains after their earnings release. AAPL is weaker due to iPhone sales in China. In Europe, stocks are trading flat lower due to weak economic data. Oil prices are trading slightly lower this morning as market were looking for China to announce stimulus measures.
S&P Futures are slightly lower this morning. Markets will be digesting comments from Fed Chair Jerome Powell and the monthly non-farm payrolls report this week. Macy's is higher this morning on an increased takeover bid. DECK & SMCI will be replacing WHR & ZION in the S&P 500 on March 18th. Bank of America lifts its year end price target for the S&P 500 to 5400 but warned of a near term pull back. In the week ahead markets will price in earnings reports from TGT, ROST, CRWD, FL, CPB, JD, CIEN, BURL, GPS, MRVL COST & AVGO. In Europe, stocks are trading flat lower ahead of an ECB meeting this week. Oil prices are trading slightly lower this morning as OPEC will be extending its production cuts for another 3 months in an effort to boost prices.
S&P Futures are flat to higher. Last night's earnings reports were mostly positive, but there is a caution in the air. This morning manufacturing and construction spending reports should set the tone for today. New York Community Bancorp announced "material weakness" in some internal controls is sending the stock lower. The cease fire talk between Israel & Hamas have stalled. DELL, NTAP & ADSK are showing strong gains after earnings releases. In Europe, stocks are trading higher with tech stocks gaining. Oil prices are trading higher by more than 1% this morning.
S&P Futures are lower this morning with the market's attention on the latest inflation report that is to be release before the bell. Top U.S. congressional leaders have reached a deal to keep the federal government fully operating beyond Friday. DOLE & HRL are higher this morning on positive earnings. BBWI, BUD, NTES & SIX are weaker after earnings releases. This afternoon watch for earnings results from DELL, ADSK, ZS, VEEV, HPE, COO and NTAP. In Europe, stocks are trading mainly higher on regional inflation data results. Oil prices are trading lower this morning.
S&P Futures are lower this morning as tech stocks move lower in international markets. Tomorrow's inflation report will be a key catalyst for the market when the data is released tomorrow morning. There is a host of Fed Speak today as markets are pricing in 3 quarter point rate cuts this year, which is on par with what the Fed Speakers have been indicating this year. In Europe, stocks are mixed with gains in autos & sportswear and weakness in basic resources & tech. Oil prices falling due to yesterday's API estimates which indicated a build in inventories.
S&P Futures are flat to higher this morning in a tight trading range. Markets are waiting on economic data releases and the key economic release this week is the PCE report which is scheduled to be release on Thursday morning. FTC is pushing to block ACI/KR merger. CVX/HES deal is in jeopardy as XOM & CNOOC are making moves to thwart the merge. Earnings beats from AZO, CRI, EYE, LOW, PRGO and SJM. In Europe, stocks are flat to higher ahead of pending inflation data releases. Oil prices have reversed course and are now trading lower in the pre-market.
S&P Futures are flat to higher this morning. Earning and economic reports will be in focus this week. Multiple companies are expected to release earnings this week including ZM, WDAY, M, LOW, BIDU, TJX, CRM, SNOW, BUD, HOQ, ADSK & DELL. Then there are the economic reports this week with PCE data due out on Thursday. Progress is said to be moving forward for a cease fire in Gaza. In Europe, stocks are flat to lower and oil prices are continuing to move lower in the pre-market.
S&P Futures are flat to higher this morning. A host of macro economic data points out of Europe this morning, none of them are impacting markets though. Fed officials speaking after the bell yesterday stuck to their narrative of wanting to see more data on inflation before proceeding with any rate cuts. Shares of SQ & CVNA are higher due to positive earnings announcement. WBD to release this morning. Middle East cease fire talks are scheduled for tomorrow in Paris. Key inflations reports are due out next week. In Europe, stocks are flat to higher ahead of ECB speeches. Oil prices are off by more than 1.5% in the pre-market.
S&P Futures are pointing to a strong opening today. The key to this morning's positive sentiment is NVDA's earnings report which is lifting tech shares. Fed's Meeting Minutes reinforced expectations of a June / July time frame for rate cuts to start. Fed officials worry about cutting rates too soon rather than keep them high for too long. In Europe, stocks are higher with gains in the auto and tech sectors. Oil prices are trending higher in the pre market.
S&P Futures are pointing to a lower opening this morning. Highlights for today will be the release of the Fed's Meeting Minutes and the earnings announcement from NVDA. Cyber security firms PANW & KEYS delivered guidance below markets expectations last night. Amazon is being added to the DJ Industrial Average on Monday. It will be replacing WBA. Bezos sold 14m shares recently according to filing released yesterday. In Europe, stocks are slightly higher with gains in the auto and retail sectors, basic resources sector is weak. Oil prices are trending lower in the pre market.
S&P Futures are in the red this morning with the market's attention on earning and economic events. HD released this morning and is lower due to a weak outlook and a drop in same store sales. China cut a key interest rate overnight. Capital One to buy Discover Financial in a 35B deal. Fed meeting minutes are out tomorrow, expectations are likely to focus on official's hawkish viewpoints. In Europe, stocks are slightly higher with gains in the banking sector. Oil prices are lower this morning but remain close to three-week highs.
S&P Futures are indicating another move higher with AI stocks leading the move. AMAT delivered a bullish earnings report yesterday after the bell which is supporting the AI narrative of future growth. As a result, we are seeing Nasdaq futures trade higher this morning. Before the bell this morning there are a number of important economic data points scheduled for release. In Europe, stocks are higher with gains in the auto, banking and tech sectors are positive. Oil prices are lower this morning after closing yesterday with a strong 1.5% gain.
S&P Futures are showing positive action this morning. In the pre-market today, there are a host of economic set for release along with earnings announcements. DE, EPAM & STLA are all higher after reporting this morning. Next week we have earnings due out from NVDA and retailers such as HD & WMT. GDP readings in Japan and the U.K. were weak. In Europe, stocks are higher, auto's industrials & retail sectors are positive. Oil prices are lower this morning with a bearish report from the IEA influencing this morning's action.
S&P Futures are showing positive action this morning. Volatility caused by a hotter than expected CPI report yesterday is ebbing as markets refocus on the timing of rate cuts. Earnings will be in focus today as results are expected from Cisco, Equinix, CME, Occidental Petroleum, Kraft Heinz, Wyndham Hotels & Resorts. In Europe, stocks are higher, tech autos and retail are positive. Oil prices have turn lower and prices are flat to lower.
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S&P Futures are displaying weakness this morning. Markets are expected to react this morning to today's CPI release which is happening 1 hour before the market opens. Technology stocks are weighing on the market this morning as the overbought sector is moving lower. The Senate approves $95B Ukraine/Israel aid, bill still needs to get through the House. In Europe, stocks are lower, tech is lower, autos, healthcare and telecom are higher. Oil prices continue to trade higher in anticipation of this morning inflation report.
S&P Futures are slightly higher this morning with the S&P's holding above the 5000 level. Markets are relatively quiet this morning with no major news catalyst occurring overnight. Markets are looking ahead to tomorrows CPI report which is expected to display further signs of disinflation. On the earnings front, this afternoon we have earnings results due out from ANET, CDNS, WM, LSCC, CAR & MEDP. In Europe, stocks are slightly higher with positive action in the retail sector. Oil prices are falling this morning down more than 1%.
S&P Futures are slightly higher this morning with the S&P's flirting near the 5000 level. Markets will be paying attention to the CPI revision being released this morning. Typically, this is a very benign report, however last year's CPI revision report create volatility in the markets. Pepsi earnings were slightly positive however the company indicated revenue growth below market expectations for this year. In Europe, stocks are slightly higher with positive action in tech and healthcare. Oil prices are relatively unchanged.
S&P Futures are slightly lower this morning. Multiple companies delivered earnings beats since yesterdays close including ARM, BLBD, DIS, EFX, PAYC, RPD & WYNN. This afternoon we will be hearing from CPRI, MHK, AFRM, EXPE, PINS, NET & TTWO. Markets will be keeping an eye on Capitol Hill today. Tres Sec Janet Yellen will testify at a Senate Banking committee hearing. Pharma CEO's will be appearing before a Senate panel on prescription drug prices. The Supreme Court is hearing arguments today whether Trump can be disqualified from running of office. In Europe, stocks are mainly higher. Oil prices are showing gains of approximately 1%.
S&P Futures are flat to higher this morning. Earnings announcements remain the key driver to today action. CRUS, F & SONO report beat las night and this morning we see positive earning out from HLT, CVS & XPO. BABA reported a slight however the increased their buyback plan by $25B. Disney reports that new streaming sports channel is in the works as they team up with FOX & WBD in a joint venture. DIS releasing earnings after the bell today. Target is on watch as they are said to be considering a paid membership program. In Europe, stocks are mainly lower. Oil prices are higher this morning with both contracts displaying gains.
S&P Futures are slightly lower this morning. Heavy week for earnings report as we are mid-way through the 4Q earnings season. BP, DD & GEHC all higher after reporting this morning. COHR up 10% in the pre market after releasing earnings last night. COHR was the stock of the day in NewsWare's Trade talk podcast yesterday. After the bell reports are expected from AMGN, FILT, F, FTNT, EW & SNAP. Markets will also be hearing comments from a host of FOMC members today. In Europe, stocks are mainly higher. Oil prices have turned higher this morning with both contracts displaying gains.
S&P Futures are slightly weaker this morning in a tight trading range. Market will be paying attention to key earnings reports this morning form CAT & MCD. Fed Speak is being closely monitored. Later today, the markets will be hearing from Raphael Bostic of the Atlanta Fed. Novo Nordisk to buy Catalent (CTLT) in a 16.5B deal. In Europe, stocks have turned higher. Oil prices are falling mainly due to strength in the dollar.
S&P Futures are displaying positive action this morning. Earning results from META & AMZN are fueling the pre-market move. META announced that they will start to pay a dividend. This morning Employment Report will be closely watched and is expected to show signs of modest labor-market cooling which would be positive for the markets. CI, CVX, REGN & XOM delivered earnings beat this morning and are also trading higher. In Europe, stocks are positive. Oil prices are higher as a ceasefire in the Middle East appears to be likely.
S&P Futures are trading higher this morning. Fed's policy statement continues to be priced into the markets. Economic models continue to suggest that a rate cut in March is valid. Multiple big tech companies are scheduled to release earnings this afternoon (AAPL, AMZN, META). The U.S. and big pharma are starting the long-awaited price negotiations. In Europe, stocks are mixed, and a BOE monetary policy message is pending. Oil prices are higher as the U.S. carried out airstrikes in Yemen earlier this morning.
S&P Futures are lower this morning. After the bell yesterday, earnings results from big tec (AMD, GOOG & MSFT) were positive, but shares are retreating. TSLA shares are off after a judge struck down Elon Musk's $55 billion pay package. China's factory activity contracted for the 4th month in a row. This afternoon, the Fed will provide an update to monetary policy, Powell to hold his press conference afterwards. After the bell today earnings are due out for BOOT, WOLF, FLEX, ALGN, MET & QCOM. In Europe, stocks are relatively unchanged yet trending positive due to earnings results. Oil prices are lower this morning due to demand concerns out of China.
S&P Futures are slightly lower this morning. PFE, JBLU, GM& DHR all reported beats this morning. After the bell today, MSFT, GOOG, SBUX & AMD are scheduled to report. After the close yesterday, AI darling SMCI delivered positive earnings with strong guidance. The FOMC meeting starts today with an announcement scheduled for tomorrow afternoon on monetary policy. In Europe, stocks are higher with earnings reports helping to push indexes higher this morning. Oil prices are flat, but have been trending lower in the pre-market, Aramco said it had been ordered by the Saudi government to keep its oil production capacity at 12 million barrels a day.
S&P Futures are slightly higher this morning. Markets are preparing for a host of big tech earning result, A Fed meeting and a host of employment data this week. The White House is expected to make a major announcement on chip subsidies this week. A drone strike killed several U.S. servicemen over the weekend, Biden is looking to retaliate. In Europe, stocks are very strong due to strong earnings reports in the luxury goods sector. Oil prices are weakening but are likely to finish the week off with a gain.
S&P Futures are slightly negative this morning. Earnings announcements after the close yesterday is creating weakness this morning. INTC's report was very poor and is off 10% this morning. This morning before the bell The Personal Income & Outlays report is due out, this is an important inflation report and likely to create volatility. In Europe, stocks are very strong due to strong earnings reports in the luxury goods sector. Oil prices are weakening but are likely to finish the week off with a gain.
S&P Futures are slightly positive this morning. The pending release of 4Q GDP announcement is gathering attention this morning. TSLA shares are off by 7.69% this morning after last nights earnings release. IBM, NOW & LRCX delivered beats, HUM missed with a disappointing forecast. After the bell today, V, INTC, TMUS & WDC are scheduled to release. In Europe, stocks are flat as markets are flat ahead of the ECB announcement and oil prices are higher by more than 1.25%
S&P Futures are displaying strong gains this morning. NFLX delivered a strong number in terms of subscriber growth. China's PBOC delivered on a stimulus package overnight and PMI data out of the EuroZone displays growth signals. After the bell today, IBM, CSX, NOW, PKG and TSLA are scheduled to release. Tomorrow morning a host of airline stocks will be releasing. In Europe, stocks are displaying nice gains and Oil prices have just turned negative this morning.
S&P Futures are trading slightly higher this morning with the focus on corporate earnings results. JNJ came in slightly better than estimates. MMM beat estimates but delivered weaker than expected forward guidance. After the bell today, Netflix is scheduled to release. Bank of Japan left monetary policy unchanged, ECB announcement is set for Thursday. In Europe, stocks are trading slightly lower. Oil prices are lower with forward demand concerns in focus.
S&P Futures are trading higher this morning as we head into a period of heavy earnings announcements. Big tech remains positive this morning. There are a number of key economic data points being released later this week including GDP and PCE reports. Share of Boeing are weak as the FAA recommends airlines inspect the door plus on specific planes. ADM is weak due to accounting concerns. In Europe, stocks are trading higher ahead of Thursdays monetary policy announcement from the ECB. Oil prices are displaying gains, but concerns remain on demand from China.
S&P Futures are trading higher this morning with positive momentum in technology stocks. Key topic at the Davos summit has been the development of AI. Earnings season is underway, multiple large cap stocks are scheduled to release next week. On the economic front today, we will be hearing from a host of Fed speakers today as the official black out period on Fed Speak starts on Saturday. Fed speakers are expected to continue with the theme of dampening spring rate cut expectations. In Europe, stocks are trading higher and oil prices are mixed to lower.
S&P Futures are pointing towards a strong opening this morning. Airlines, Autos and Tech sectors are trading higher. Central Bankers continue to dampen market expectations for rate cuts this spring. They continue to say that the data will determine the path of rate cuts. Markets will be paying attention to earnings and economic releases today. In the Middle East, tensions remain elevated, but the markets continue to see the situation as contained. In Europe, stocks are higher and oil prices are moving slightly higher as cold temperatures is affecting oil production in the U.S.
S&P Futures are indicating a lower opening this morning. Economic data out of China is causing selling pressure this morning. Markets have a host of catalyst this morning including earnings releases, economic reports and Fed Speak. In Europe, stocks are lower with all three major indexes down over 1%. Oil prices are falling due to demand concerns out of Asia after the disappointing Chinese economic data.
S&P Futures are lower this morning ahead of earnings results for GS and MS. Markets will also be paying attention to Fed governor Waller who is scheduled to speak this morning. In Europe, stocks are lower due to hawkish comment from an ECB member on the timing of rate cuts. Oil prices are showing gains with Middle East tensions on watch.
S&P Futures have gone from flat to down as the market reacts to the latest earnings reports from BAC, DAL, JPM, UNH & WFC. This morning key economic data point to watch is the PPI report. Overnight the U.S. & the U.K. launched air strikes in Yemen at Houthi controlled areas. Economic data out of China overnight indicate weak consumer demand. In Europe, stocks are higher as the ECB official indicates rate cuts ahead. and oil prices are higher by more than +3.75%.
S&P Futures are positive this morning. Key event occurs in the pre-market with the release of CPI data. Markets will also be paying attention to the financial stocks today as a number of big banks are set to release earnings tomorrow. SEC approve a spot bitcoin ETF. Chesapeake to buy Southwestern Energy in a 7.4B deal. In Europe, stocks are displaying positive action and oil prices are higher by more than 1.85%
S&P Futures are essentially flat this morning. Key events today include an announcement from the SEC on a spot bitcoin ETF, A speech by NY Fed John Wiliams and the oil stockpiles report. Markets are gearing up for the publication of the U.S. consumer price index for December which is due out tomorrow morning. In Europe, stocks ae weakening as economic data out of Germany remains weak. Oil prices are rebounding this morning with a focus on Middle East tensions
S&P Futures are weak this morning. Boeing shares continue to slide in the pre markets. Healthcare stocks are mostly positive as M&A activity in the sector remains active. Elliott Mgmt is said to have taken 1 1B stake in Match.com. In Europe, stocks ae weakening as economic data out of Germany remains weak. Oil prices are rebounding this morning with a focus on Middle East tensions.
S&P Futures are trading slightly lower this morning with shares of Boeing off by 8%. The FAA grounded some of its jets due to safety concerns. Democratic & Republican leaders in Congress announced that they have reached an agreement to set the federal spending limit for the 2024 fiscal year at roughly $1.66 trillion. Fed speakers voice concern on markets expectations on rate cuts. In Europe, equities are flat to lower as overnight losses in Chinese equities and upcoming CPI data this week has the markets in a semi holding pattern. Oil prices are down hard on a news announcement from Saudi Arabia concerning its Feb selling price.
S&P Futures are displaying weakness this morning ahead of this morning key employment report which is due out 1 hour before the opening today. Markets are reducing expectations on a March rate cut which is causing equities to slide. This morning we are also seeing selling pressure in Europe; selling is broad based as trade disputes with China and economic releases being the major factors. Oil prices are higher and should end the week out with a gain.
S&P Futures are slightly higher this morning as markets continue to digest the release of the Feds meeting minutes from yesterday. There are a host of earnings this morning, Walgreens deliver a 3-cent beat and the stock is higher. Mobileye shares are falling hard due to f2024 guidance data. Employment data take center stage today with the ADP and jobless claims due out, Non-Farm Payrolls reports is due out tomorrow. European markets are cautiously higher and Oil prices are displaying gains of about 1% with Middle East tensions and stockpiles reports in focus.
S&P Futures continue to weaken as markets start to consider the possibility that the Fed may not cut rates until later in the year. This morning JOLTS data is on watch, but this afternoon release of the Fed meeting minutes will be the key economic event of the day. Seeing positive action in healthcare stocks this morning. European markets are lower and Oil prices are continuing to weaken.
S&P Futures are displaying weakness this morning with Middle East tensions and pending economic data reports in focus this morning. Treasury yields are moving higher as markets prepare for a slew of economic data this week including PMI data today, Fed meeting minutes tomorrow and Friday's Non Farm payrolls report. European markets opened higher by have starting to pull back this morning. Oil is prices are higher with as Middle East tension rise on the announcement that Iran is sending a warship into the Red Sea.
S&P Futures are higher again this morning and the index closed in on a record close. The U.S. Navy shot down a drone & an anti-ship ballistic missile in the southern part of the Red Sea. Google reached a settlement on privacy tracking lawsuit. BA announced that all 737 Max jets in China are back in service. NVDA has announced a new chip that will comply with U.S. export restrictions to China. European markets are trading higher in light volume this morning. Oil is prices are higher with events in the Middle East being the key focus today.
S&P Futures are flat to higher this morning and the dollar continues to fall. The year in rally is based on expectations the central banks cutting rates in 2024. There are multiple economic reports due out today, but the markets main source of volatility remains the conflict in the Middle East. Airlines, Chinese tech stocks, healthcare are positive this morning. European markets are slightly lower with weakness in oil and mining stocks. Oil is prices are lower with today's stockpiles report from the EIA in focus.
S&P Futures are flat again this morning. Geopolitical issues are in focus today as Middle East tensions remain elevated. Major shippers are once again navigating through the Red Sea as the international maritime task force increase the safety of tanker traffic. No major economic reports due out today and the calendar is light for the reminder of the week. Next Wednesday, Jan 3rd the Fed will be releasing its meeting minutes and on Friday Jan 5th the Dec Non-Farms payroll data will be released. European markets are trading higher after being closed yesterday. Sentiment remains positive due to rate cut expectation from the Central Banks in 2024. Oil is prices are lower, giving back some of yesterday's big gains.
S&P Futures are flat to higher this morning with indications of positive opening. Volumes are expected to be light today and for the week ahead. In lieu of market news, the 2024 presidential election will be a key focus of the media outlets today. Overnight, China walked back its position on banning video games, which resulted in positive action in Chinese software stocks. Tensions in the Middle East remain elevated due to the possibility of hostilities on Israel's boarder with Lebanon. European markets are closed for Boxing Day. Oil is prices are slightly lower.
S&P Futures are flat to higher this morning. Markets are awaiting this morning inflation data release (PCE). Shares of BMY are active this morning as the drug maker confirms a buyout of KRTX at $330 a share. Retails stocks are showing weakness this morning after NKE earnings release, Nike lower guidance due to expected weakening consumer demand. European stocks are lower. Oil is prices are slightly higher.
S&P Futures are trading higher on broad-based gains early in pre-market. There are multiple economic reports being released today and tomorrow the November PCE data is scheduled for release. Micron delivered a better than expected earnings report last night, and after the bell today NKE is scheduled to report. Shares of Boeing are higher on reports that China will be allowing deliveries of the 737 to resume. European stocks are lower. Oil is prices are retreating after 3 days of gains.
S&P Futures are weakening this morning after a week long rally in equities. Fed Speakers continue their campaign to lower market expectations on the timing of a rate cut. Reports on Existing Home Sales and Consumer Confidence are due out this morning. FedEx is down over 11% after earnings. This afternoon earnings announcements are due out from MU & MLKN. European stocks are mostly higher on positive economic data. Oil is higher as transportation costs are said to be rising.
S&P Futures are higher this morning and in a tight trading range this morning. Overnight, the BOJ made no change to its monetary policy and gave no guidance. U.S. markets continue to decipher recent comments from Fed officials on the future path of interest rates. FedEx is scheduled to release earning after the bell today In Europe stocks are mixed to higher and awaiting a report on the EU inflation due out today. Oil prices are flat to lower as multiple countries are looking to work together to ensure the safety of tanker traffic in the Red Sea.
S&P Futures are higher this morning and the sentiment remains positive. Fed Bank Presidents Bostic and Goolsbee echoed Friday's comments from New York Fed Williams over the weekend that no rate cuts are on the near term horizon. UBER, JBIL & BLDR are being added to the S&P 500 today. CDW, CCEP, DASH, MDB ROP & SPLK are being added to the NASD 100 today. Bank of Japan likely to forecast the end of negative interest rates at the conclusion of its monetary policy meeting the evening. In Europe stocks are mixed and oil price just reversed course and are now higher on the day.
S&P Futures have turned higher this morning. Pre-market trading is indicating a positive sentiment this morning. Markets are expecting a stimulus announcement out of China. COST released a strong earnings report after the bell yesterday. Thins mornings Industrial Production report is in focus. In Europe stocks are mainly higher and oil prices continue to display gains.
S&P Futures are higher this morning as yesterday's dovish Fed announcement continues to boost sentiment. This morning's economic releases on Jobless Claims and Retail Sales are in fucus. Intel is holding an AI Chip event today. After the bell today, CostCo and Lennar are scheduled to release earnings. In Europe stocks are displaying broad gains, ECB announcement scheduled for 8:15 am ET. Oil is prices are higher and China will be releasing data on retail sales and industrial production overnight.
FOMC statements along with Fed Chair's press conference will be the main drivers of the markets today.
Futures are slightly lower this morning. The key topic today is the elevated M&A activity.
S&P Futures are displaying slight gains this morning. Employment data remains a key focus this week and this morning ADP report may prove to be a key catalyst today. CEOs from the big banks will appear before the Senate today. It is expected that the banking executives will push back on the need to increase capital ratios. In Europe stocks are higher, The EU retail sales data displayed growth. Oil is prices continue to weaken due to demand weakness in China and an increase in oil production from non-OPEC members.
S&P Futures are trading lower this morning ahead of some key economic data points being released this morning. The overall marco narrative on the economy remains positive. There is a Goldman conference happening today and we will be hearing from a number of Bank CEOs (BAC, JPM & WFC). CVS, JNJ & SHOP are all scheduled to hold "analysts' day" today. Moody's downgraded its China Outlook due to its debt issues. In Europe stocks are mixed. ECB hawk Schnabel joined the chorus of council members saying that further hikes are unlikely given the positive surprise in recent inflation numbers. Oil is prices have turned from slightly higher to flat.
S&P Futures are slightly lower and oil is trading higher this morning. The Labor Dept will be releasing CPI data for August. 1 hour after the market opens, the official oil stockpiles report is due out. Auto sector remains on watch ahead of a potential strike announcement when the UAW contract expires at midnight tomorrow. The upcoming ARM IPO is said to be oversubscribed. CEO of BP resigned abrutply yesterday. European stocks are lower this morning, the U.K.'s GDP contracted 0.5% in July.
S&P Futures are slightly lower this morning as the market awaits reports from OPEC this morning and of course tomorrow's CPI report. The House is back in session today and talks on the spending bill likely to dominate the news on Capital Hill. UAW contract with the auto makers expires Thursday at 11:59 pm. Apple is set to release the iPhone 15 today. The upcoming ARM IPO is said to be oversubscribed. European stocks are mixed to lower this morning. Oil prices higher as the markets awaits the latest comments from OPEC & the IEA.
S&P Futures are trading higher this morning with the focus on upcoming coming economic reports. This week we have CPI, PPI and Retail Sales reports due out. FOMC meeting is not till next week, but fed official are indicating a skip in rate hikes. European stocks are higher this morning with an ECB announcement due this week. Oil prices slightly lower as the health of the Chinese economy is in question.
S&P Futures are leaning lower this morning as the market continues to be cautious on the outlook for interest rates. Two more Federal Reserve policymakers hint that the central bank is inclined to skip hiking interest rates at this month's FOMC meeting. Major banks are showing gains as IPO activity is said to be on the upswing. European stocks are negative this morning Oil prices have reversed course and are now trading higher.
S&P Futures are trading are trading lower this morning with concern about the Fed's next move looming over the markets. Investors have a number of economic reports to watch including the latest jobless claims and will be looking for clues in a bunch of Fed speak scheduled today.
S&P Futures are trading lower this morning as higher bond yields along with rising oil prices has traders worried that inflation is coming back. GTLB, HQY & ZS are higher on earnings news. The markets will be paying attention to the services-sector activity data and the Fed's Beige Book due later in the day for their policy implications. Airlines have release statements on concerns of higher oil prices. Applications for a mortgage to purchase a home fell 2% for the week and were 28% lower than the same week one year ago. European stocks are lower this morning due to weak factory orders out of Germany. Oil prices are slightly lower this morning.
S&P Futures are trading lower this morning as the market is concerned with the weak PMI figures from China and the EU. Goldman lowered its odds for a recession in the next 12 months due to recent labor and inflation data. Traders will be paying attention to Fed Speak this week ahead of the quite period that starts on Saturday. CME's Fed Watch tool indicate only a 7% chance of a rate high at the Sept FOMC meeting which takes place in two weeks. European stocks are lower this morning and Oil prices are weakening due to the drop in China's services PMI.
S&P Futures are trading higher this morning This morning focus is on the Non-Farms payrolls report which is to be release before the opening bell. DELL, LULU, MDB & S are higher on earnings reports. China's factory activity appears to have increased in August and Beijing rolls out more stimulus. In Europe, stocks are higher. Oil prices are displaying gains and are headed for a weekly gain.
S&P Futures are positive this morning. This morning focus is on Jobless Claims and the PCE report due out before the opening bell. CRM, CRWD & OKTA are higher on positive earnings reports. China's PMI data remained in contraction mode; manufacturing activity was higher in August as compared to July. In Europe, stocks are mixed to higher ahead of this morning economic data releases. Oil prices higher as China's PMI data came in better than expected.
S&P Futures are slightly lower this morning. Autos & semiconductor stocks are weak. Employment data be a key focus again today with the ADP Employment report being released. Hurricane Idalia remains a key issue as the storm will make landfall today. In Europe, stocks are mixed to lower. Regional inflation data from Spain & Germany came in slightly hotter than anticipated. Oil prices remain elevated for now ahead of Hurricane Idalia making landfall. Also effecting oil prices was the API report which indicated a larger than expected draw on stockpiles.
S&P Futures are slightly positive this morning. Autos, banks, & oil stocks are showing gains. Employment data will be watch closely with the JOLTS report due out 30 minutes after the opening bell. The Fed data dependent mantra has the ability to create significant volatility in the markets. In Europe, the major indexes are showing gains & oil prices are ticking higher on news reports that China is pledging additional support for markets.
S&P Futures are flat to higher as the market continues to digest comments from Fed Chair Jerome Powell. China rolled out some stimulus measures over the weekend which is resulting in Chinese stocks moving higher this morning. MMM said to have reached a settlement in the earplugs case. Attention this week will be on Thursday's Personal Consumption Index (PCE) report and on Friday's Non-Farm Payrolls report. In Europe, the major indexes are showing gains & oil prices are ticking higher.
S&P Futures are higher this morning and bond yields are slightly higher this morning ahead of today's speech from Fed Chair Jerome Powell. Markets will be paying close attention to his speech and today's directional move will be based on his comments. In Europe, the major indexes are showing gains & oil prices are trading higher by more than 1%.
S&P Futures are positive this morning with tech stock in focus as NVDA delivered strong earnings overnight. Market will soon turn its focus to tomorrow speech by Fed Chair Jerome Powel. Chairman Powell is expected to continue to his message that the inflation battle is far from over and the rates need to remain elevated for some time. In Europe, the major indexes are showing gains & oil prices are slightly higher as the dollar has weakened.
S&P Futures are trading higher this morning as the market are bulling on the weakening economic data out of Europe this morning. The weaking data is an indication that the Fed's policy of raising rates is having its desired effect and is slowing down the global economy as the Fed works towards its 2% inflation target. Earnings and today's PMI reading will be in focus today. In Europe, stocks are trading higher & oil prices are falling.
S&P Futures are trading higher this morning with tech stocks in focus as AI favorite Nivida is scheduled to release earnings tomorrow afternoon. The banking sector is on watch as S&P lowered its credit ratings on KEY, CMA, VLY UMBF and other smaller banks. Retail stocks will be active on earnings announcement this morning as M BJ, COTY DKS, BIDU LOW are reporting. In Europe, stocks are higher with technology stocks moving higher. Oil prices are slightly lower ahead of stockpile reports.
S&P Futures are trading higher this morning as the markets continue to show relatively positivity. China continues to make promises on a stimulus package, however their actions have been a disappointment to the markets. PANW delivered robust earnings after the close on Friday. Disinflation remains a key factor in the markets. In Europe, stocks are higher with healthcare and energy are higher. and oil prices rising on production concerns.
S&P Futures are displaying gains this morning. Earnings announcements from CSCO and WMT are in focus. Fitch Rating hinted that it may reconsider China's A+ credit grade. In Europe, stocks are slightly lower and oil prices rebounding after weakening earlier this week.
S&P Futures are displaying gains this morning. Earnings announcements from CSCO and WMT are in focus. Fitch Rating hinted that it may reconsider China's A+ credit grade. In Europe, stocks are slightly lower and oil prices rebounding after weakening earlier this week.
S&P Futures are fractionally higher this morning. Earnings from retailors and the industrial production report will be in focus this morning. In the afternoon, the market will be watching for the Fed meeting minutes which is likely to show only a minority of officials favored holding interest rates steady over the remainder of the year. In China overnight, new home sales fell month over month and two major brokers have lowered the GDP forecasts for the country. In Europe, stocks are mainly positive and oil prices moving slightly lower in the pre market.
S&P Futures are moving lower this morning. Economic data out of China was weaker than expected and is creating a negative catalyst for the markets this morning. This morning the markets will be paying attention to the Retail Sales report. In earnings news, Home Depot released better than expected earnings. In Washington, Speaker Kevin McCarthy said that he expects a "short term" funding measure will be necessary to avoid a government shutdown. In Europe, stocks are falling and oil prices are lower on dollar strength and concerns on China.
S&P Futures are positive this morning as the market prepares for earnings and economic reports from the retail sector this week. U.S. Steel rejects a bid by Cleveland Cliffs. In Europe, stocks are mostly higher and oil prices are lower on dollar strength and concerns on China.
S&P Futures are little changed but lower all morning. There's more inflation data on tap this morning as the producer price index for July is scheduled for release before the markets open. Chins sold off by 2% overnight as loan data came in weak. In Europe, stocks are moving lower and oil prices are now trading higher.
S&P Futures are bid up this morning ahead of a key economic reading. The CPI report is due out 1 hour before the market opens. Disney announced plans to raise streaming prices. BABA released strong earnings this morning. White House released rules on investing in China. China removed restrictions on group travel overnight. In Europe, stocks are higher with a rally in luxury goods and oil prices continue to move higher.
S&P Futures are displaying a move higher this morning as the markets continues to digest Moody's downgrades of several mid-sized banks. DIS and TTD are scheduled to release earnings later today, BABA is scheduled for tomorrow. China's economy remains on watch due to disinflation concerns. In European stocks are higher and oil prices continue to move higher.
S&P Futures are moving lower this morning. Key headlines causing this mornings weakness include, China's weak trade data, Moody's downgrading multiple U.S. banks and Italy announcing a news tax on profit windfalls. In European stocks are lower and oil prices are off by more than 1% this morning.
S&P Futures are displaying gains this morning. Markets will be focused on Thursday CPI report as oil prices have been climbing higher. the European stocks are trading lower this morning on weakening economic data and concerns over China's property sector. Oil is lower this morning.
S&P Futures are expected to open higher this morning. Before the market opens today the Labor Dept will be releasing July employment data. This morning NonFarms Payrolls report will be closely monitored as it is used by the Fed's policy makers for interest rate decisions. AMZN delivered stronger than expected results last night. AAPL EPS were positive on the back of its App Store revenue, but declining iPhone sales is causing the stock to move lower this morning. European stocks have reversed course and are not trading lower on the day. Oil is higher and will likely close higher for the sith week in a row.
S&P Futures are lower going into this morning's economic releases. The Bank of England raised interest rates by 25 basis points. Market is preparing for key earnings releases this afternoon from Apple & Amazon. European stocks are off session lows and oil prices are flat this morning ahead of an OPEC meeting tomorrow.
S&P Futures are negative in reaction to Fitch Rating downgrading of the U.S. debt to AA+ from AAA. The downgrade is due to repeated debt ceiling standoffs in Congress and fiscal deterioration caused by the Feds latest rate hike. Market environment is different than in 2011 when S&P downgraded the U.S. debt. The negative headline will weigh on markets this morning. In Europe, the major indexes are trading lower and oil prices are higher as stockpiles data is weakening.
S&P Futures are starting off the month of August in the red. Weakening PMI data from China and Europe is creating a negative sentiment this morning. CAT &PFE reported better than expected earrings. BP & MRK missed estimates. This afternoon AMD, SBUX, ALL,& PINS are scheduled to release. Market will be focused on the ISM Manufacturing report due out this morning, In Europe, the major indexes are down on weaning retail sales data out of the U.K and disappointing PMI data in the E.U. Oil prices are lower as traders appear to be booking profits ahead of an uncertain demand outlook.
S&P Futures are trading slightly this morning this morning as the corporate earnings season continues this week. WMT to take control of Flipkart. JNJ under pressure as a federal judge issue negative decision on talc case. CVX is upgraded by major broker. Trucking firm Yellow shut down operations yesterday. China's PMI data was mixed but additional economic stimulus appears to be on the way. In Europe, the major indexes are mixed to higher with corporate earnings results in focus. Oil prices are higher as China's stimulus comments is helping to boost prices this morning.
S&P Futures are positive this morning indicating a higher opening today. Intel delivered a positive earnings report. This morning PCE report on inflation will be the key to the market's direction today. Banks appear to be halting stock buybacks again as new capital rules loom. Japan makes a move to allow for higher interest rates. In Europe, the major indexes are mixed with corporate earnings results in focus. Oil prices are slightly lower but likely to close higher on the week for the fifth week in a row.
S&P Futures are displacing strong gains this morning as yesterday rate hike from the Fed may be its last. Fed Chair Powell indicated that their Fed staff no longer is predicting a recession in 2023. Looking ahead today, there are a host of key economic reports scheduled for release in the pre market (GDP, Durable Goods &Jobless Claims). Meta is up over 8% this morning on strong earnings. In Europe, the major indexes are highly positive due to corporate earnings results and ahead of today's ECB decision on interest rates. Oil prices are positive by more than 1% this morning as rate hikes tend to lift oil prices.
S&P Futures are lower this morning as traders are cautious ahead of today's FOMC announcement. Powell's press conference is likely to create volatility when he starts his press conference. MSFT guidance fell short of expectations, GOOG reported better than expected earnings, and SNAP is down over 18% due to guidance. In Europe, the major indexes are lower due to mixed earnings results and upcoming Central Bank decisions on interest rates. Oil prices are down almost 1% this morning as last night's API data displayed a build in crude stockpiles.
S&P Futures are higher this morning as earnings season picks up. This afternoon, MSFT, GOOG, V, SNAP are scheduled to released. Chinese stocks are higher as China's Politburo indicated that they will be providing stimulus measures. The FOMC meeting starts today with an announcement on monetary policy scheduled for tomorrow. In Europe, the major indexes are slightly higher with earnings and central bank meetings in focus. Oil prices are slightly higher as the stimulus news out of China is boosting sentiment.
S&P Futures are trading higher this morning as the market prepares for a data packed week ahead. Chevron gave a performance update yesterday, tomorrow afternoon we have earing due out from MSFT, GOOG, V, & TXN. On Wednesday, we have the FOMC announcement on monetary policy. In Europe, the major indexes are flat to higher and oil prices are positive by about 0.75%.
S&P Futures are trading higher this morning as tech stocks are displaying positive gains. News week we have the FOMC announcement and earnings announcement for the big tech stocks plus the NASD100 rebalancing. The NASD rebalancing take effect today after the close. Another important item happening next week is China's Politburo meeting where new stimulus measures are expected to be announced. In Europe, the major indexes are mostly higher and oil prices are positive by about 1%.
S&P Futures are trading lower this morning as TSLA & NFLX are moving lower after the companies release earnings yesterday. Discover Financial Services said it would pause share repurchases as it investigates a misclassification of credit card accounts from around mid-2007. This morning's key economic reports are the jobless claims and Existing Home sales, however, the market seems to be preparing for next week's FOMC announcement on interest rates. In Europe, the major indexes are trading higher and oil prices are displaying slight gains.
S&P Futures are trading flat to higher this morning as the market awaits earnings announcements from GS. HAL & NDAQ delivered earnings beats . In the afternoon TSLA, NFLX, IBM & DFS are set to release. U.K. CPI data showed that consumer prices rose at their slowed pace in more than a year. In Europe, the major indexes are trading higher and oil prices are also moving higher.
S&P Futures are trading flat to lower this morning ahead of a host of earnings announcements from leading financial companies. This morning's retail sales report will be in focus ahead of the markets open. China's Politburo is expected to announce a stimulus package next week. In Europe, the major indexes are displaying slight gains and oil prices are trading slightly higher.
S&P Futures are trading slightly lower this morning. Markets are showing concern on the weaker than expected GDP data out of China overnight. TSLA is higher after it completes its first cyber-truck at its Austin, TX plant. Earnings will be a key focus for the week ahead and next week we have the NASD 100 rebalancing. European indexes are lower and oil prices are down more than 1.5%
S&P Futures are trading slightly higher this morning. Market are reacting positive on earnings releases from JPM, WFC and UNH this morning. St Louis Fed Bank President James Bullard (hawk) has resigned. FTC asks appeals court to pause MSFT/ATVI merger. European indexes are mostly higher and oil prices are trading flat to lower but remain on track for another weekly gain.
S&P Futures are displaying positive action ahead of this morning's PPI release. Earnings season is starting, this morning DAL & PEP are higher on positive results. Chinese regulators seem to have ended their tech stock probe sending Chinese stocks higher. Bank stocks are positive ahead of earnings announcements tomorrow and chip stocks are gaining. European indexes are higher and oil prices are trading flat to marginally this morning ahead of this morning's stockpiles report.
S&P Futures are moving higher ahead of this morning's CPI release. data is expected to show a slowdown in inflation as the elevated June 2022 number falls out of the 12-month calculation. A big win for MSFT as courts approve their acquisition of ATVI. AVGO received EU approval for VMW acquisition. Disney is said to be exploring strategic options for it's India business. European indexes are higher and oil prices are trading flat to marginally this morning ahead of this morning's stockpiles report.
S&P Futures are slightly higher and have been in a tight trading range all morning. The calendar is light today in terms of economic and earnings announcements. Tomorrows we have a key inflation reading with the release of the CPI data. Amazon Prime Day sales event starts today, AAPL is launching a store on the Chinese messaging app, WeChat and Chinese authorities announced a new loan-relief measures for property developers. Biden is in Lithuania meeting with Turkey's president as Finland and Sweeden are expected to be approved for NATO membership. European indexes are higher and oil prices are up almost half of 1 percent.
S&P Futures are slightly lower this morning. Markets are focused on the CPI release later this week. Economic data from China overnight indicated weakening domestic demand. Tres Sec Janet Yellen's trip to China was viewed as positive by both sides. earnings season begins later this week with many of the large banks scheduled to release. European indexes are higher and oil prices are weakening due to the economic data out of China which is creating concerns about their economic recovery.
S&P Futures are slightly lower as the market awaits this mornings Non Farm Payrolls report. Tres Sec Janet Yellen is in China saying that the U.S. doesn't seek economic estrangement from China in an effort to repair relations, China remains cautious of Yellen's comments due to recent actions from the Biden Administration. META's Threads is said to be seeing a significant amount of sigh ups. Biogen received FDA approval for its Alzheimer's treatment. BABA is trading higher as Chinese regulators have issued a fine, which is seen as a end to their investigation. European indexes are displaying significant weakness and oil prices are prices are flat to higher ahead of this morning oil stockpiles report.
S&P Futures are trading lower this morning as yesterday's FOMC meeting minutes assured the market that the fed will issue another rate hike in its July meeting. The prospect of higher rates for a longer period of time is causing the global equities markets to stumble today. Treasury Secretary Yellen arrives in China today in an attempt to repair ties. European indexes are displaying significant weakness and oil prices are prices are flat to higher ahead of this morning oil stockpiles report.
S&P Futures are trading lower this morning. Semiconductors and Cloud stocks are weaker due to heighten tensions between China and the U.S., Treasury Secretary Janet Yellen heads to China tomorrow. China's economic trajectory is in focus today as the Caixin PMI data came in lower than expected. This afternoon the Fed will be releasing the minutes from the June FOMC meeting. European indexes are lower and oil prices are pricing in the latest production news from the OPEC meeting against a weakening global economy.
S&P Futures are trending higher this morning ahead of a shortened trading day today. Trading volumes are expected to be light today. While it is a quite week on the earnings front, Economic and Energy data will be making headlines. This week we have the Fed meeting minutes being released on Wednesday and the Non-Farms payroll report on Friday. In Energy news, there is an OPEC meeting this week and an announcement is expected on Thursday. Plus Treasury Secretary Janet Yellen is off to China on Thursday. European indexes are higher and oil prices are showing gains this morning.
S&P Futures are displaying positive gains in the pre-market. This morning the market will be paying attention the Personal Income and Outlays report for May. The PCE report is a key inflation indicator and provides import data for FOMC members when deciding on the path of interest rates. Eurozone inflation fell more than expected in June despite rising core rate. NKE delivered a slight miss on earnings on higher revenue last night, this morning STZ is scheduled to release. European markets are higher and oil futures are slightly higher.
S&P Futures are moving higher in the pre-market. In today's session, we have some key economic reports being released 9GDP & Jobless Claims), Fed Chair Powell is speaking on financial stability today. Gains are being seen in banking stocks, Chip makers and travel related stocks. All 23 banks that participated in the Fed's stress test passed. Micron released positive earning and airlines and autos are mostly higher this morning. European markets mixed to higher and oil futures are slightly higher.
S&P Futures are slightly lower this morning after yesterdays strong move higher. The White House is said to be considering a ban on the sale of AI chips to China. Fed Chair Jerome Powell is schedule to speak this morning at 9:30 am ET at the ECB summit. The Fed is expected to release the results of its stress test on the country's largest banks today. Economic data out of China overnight showed another decline in Industrial profits. European markets are mostly higher and oil futures are positive this morning.
S&P Futures are indicating a higher opening this morning. There is a host of economic reports due out today with durable goods orders due out before the open. The ECB meeting of cental bankers is under way, with ECB president Christine Lagarde indication that she is still cautious on inflation returning. EV maker, Lordstown Motors filled for bankruptcy protection. WBA lowered its full year guidance. European markets are mostly higher and oil futures have given up early morning gains and are now down 1%.
S&P Futures are pointing to a lower opening this morning. The week ahead will be active. There are a host of import earnings and economic reports being released. In addition the is the annual stress test results and the key ECB meeting of central banker in Portugal. Markets seems to be showing minimal concern over the recent turmoil in Russia. European markets started off with elevated losses this morning due to the Russia situation, and have reclaimed 50% of the losses in the past 2 hours. Oil futures are showing gains in early trading.
S&P Futures are pointing to a lower opening this morning. With a number of Central Banks raising interest rates on Thursday and the continuing hawkish comments from Fed Chair Powell are resulting in weakness this morning. On deck is a key Economic report (PPI) and Fed Speak. MMM is higher on legal settlement news. SPCE is off as the company announce plans to raise 400m by selling more shares. European markets are trending lower and oil futures are continuing to show weakness down more than 1% in the pre-market.
S&P Futures are continuing to display weakness this morning in the pre-market. Fed Chair Jerome Powell is scheduled to continue his testimony today, this time he will be in front of the Senate banking Committee. A rate decision from the Bank of England is due this morning. Also on deck are reports on Jobless Claims & Existing Homes Sales due out this morning. European markets are trending lower and oil futures are falling ahead of this morning inventory report.
S&P Futures are trading slightly higher this morning in advance of Fed Chair Jerome Powell's testimony on Capitol Hill this morning. In his press conference last week, Powell display a rather hawkish tone. Automobiles and Crypto stocks are trading higher in the pre-market. FDX is lower after posting a drop in revenue for the 3rd straight quarter. European markets are trending higher and oil futures are also positive this morning.
S&P Futures are lower this morning after a 3-day holiday weekend. China Central Bank announced cuts to two key interest rates in an effort to stimulate its economy. Fed Chairman Jerome Powell with be testifying on Capital Hill tomorrow and Thursday. The calendar this week is heavy on Fed Speak, multiple hawks are schedule to speak. European markets remain mixed to lower while oil prices are rising.
S&P Futures turned higher after being softer earlier this morning following a strong move higher yesterday and ahead of a 3-day weekend. Tech stocks are displaying strength while utility stocks are weakening. The inversion of the yield curve remains a source of concern and have return to level right before the banking crisis. Watch for hawkish comments from Fed Govenor Christopher Wall this morning. Secretary of State Anthony Blinken is traveling to China in an attempt to repair relations. European markest are positive, but off their earlier highs. Oil is weakening after yesterday strong gains.
S&P Futures are trading lower this morning as the Fed's hawkish tone in yesterday's statement continues to affect the markets. The Fed's dot plot indicates the possibility of two 25 basis point hikes this year. Powell seemed to waiver on the likelihood of a rate hike in July. Retail sales and industrial production data out of China overnight missed estimates, The PBOC reacted by cutting its key policy rate. Later this morning the ECB will make a monetary policy announcement. Oil is gaining due to positive refinery activity out of China.
S&P Futures are trading higher and the dollar is weakening this morning, multiple sectors showing gains in the pre-market. A judge temporarily blocks MSFT acquisition of ATVI. AMD is trading higher on reports that AMZN is considering AMD's latest AI technology. European indexes are higher, The ECB is to release it's monetary policy statement tomorrow. Oil continues to gain as the IEA lifts its forecast and the White House appears to be ready to buy 12m barrels of oil for the Stategic Petroleum Reserve.
S&P Futures are trading slightly higher this morning. Markets are awaiting today CPI release which is expected to show that inflation has fallen on the year over year basis. China made a move to ease monetary policy; additional stimulus is likely as credit data is weak. ORCL is showing strong gains after its earnings report yesterday. HD is higher and sees mid to high single digit eps growth. In Europe, share are trading higher, Asian markets were also higher and oil is positive by 1% after yesterday's sell off.
S&P Futures are positive ahead of tomorrow's CPI and Wednesday's FOMC announcements. The ECB and the BOJ will also be having meetings this week on monetary policy. There is speculation that Chinese regulators may lower the medium-term lending facility. This afternoon Oracle will be releasing earnings. BIIB receives approval for it's Alzheimer treatment. European markets are trading higher this morning and Oil is down 2% in the pre-market.
S&P Futures are displaying some caution and have been trading about 1/10 of a percent lower all morning. The market is awaiting to key events 1) Release of the CPI data on Tuesday. 2) FOMC announcement of interest rates on Wednesday. Data out of China showed produce prices fell 4.6% in May. European markets are trading lower this morning and Oil is flat today in the pre-market.
S&P Futures are positive this morning. Volatility remains subdued ahead of next week's FOMC meeting. Markets are pricing in a 68% possibility that the fed will pause on a rate hike next week. European markets are mixed to higher this morning, tech & telcom stocks are trading lower. Oil is slightly higher in the pre-market.
S&P Futures are flat to lower this morning. Economic data out of China overnight will likely weigh on equities this morning. Visa and Mastercard are lower due to elevates support from lawmakers on an attempt to cap their fees. European markets are slightly lower this morning and Oil is slightly higher in the pre-market.
S&P Futures are slightly lower this morning. In the day ahead, there are few corporate earnings reports and no Fed Speak or economic reports due out. Markets appear cautious ahead of next week's FOMC meeting where a pause in rate hikes is expected. Japan's Nikkei hit an all time high last night as the weakening dollar helped push stocks higher. European markets are slightly lower this morning and Oil is giving back most of yesterday's gains.
S&P Futures are little changed this morning as the market turns to the next big catalysts event which is the upcoming FOMC meeting. While inflation remains elevated, the Fed is not expected to raise rates in the June meeting. Oil is trading higher this morning, OPEC is keeping production volumes at current quotes, Saudi Araba will however institute a voluntary production cut 1m barrels per day in July. Growth in China's services sector overnight is a bullish sign for equities. European markets are mostly higher ahead of a speech today by ECB president Christine Lagarde.
S&P Futures are trading higher this morning as the debt ceiling bill passes in the Senate. This morning Non Farm Payroll report is expected to display slowing job creation. In an interview, Kashkari of Minn Fed indicates he is focused on bring inflation down, under 2%. The Nikkei hit a new high and the Hang Seng rose 4% overnight. European markets are higher, and oil is gaining, up roughly 1.5% this morning.
S&P Futures are trading higher this morning as the debt ceiling bill passes in the House. In China, the Caixin Manufacturing PMI data showed improvement for the first time since Feb. Fed officials came out yesterday in favor of a pause in rate hikes at the upcoming Fed meeting. Earning overnight we positive, yet CRM and CRWD are trading lower this morning. European markets are higher and oil is lower ahead of this morning stockpiles data from the EIA.
S&P Futures are weakening this morning. China's manufacturing activity slipped to 48.8 in May, causing concerning in Asian and European equities. Markets in the U.S are focused on the Debt Ceiling bill where a vote is expected in the House later this evening. A possible rate hike in June is on the table, chances for a June rate hike is at 0.65%. European markets are lower and oil is down over 2% ahead of the upcoming OPEC meeting.
S&P Futures are displaying gains this morning due to the progress of the debt ceiling talks which are headed towards a congressional vote later this week. AI and tech stocks are leading this morning's move higher and there are a host of earning reports due out after the close. European markets are mixed and oil is down over 1% ahead of the upcoming OPEC meeting.
S&P Futures are positive ahead of this morning key inflation reading. Debt Ceiling talk appear positive as the media indicates a framework of an agreement is starting to form. Once debt issue is resolve, all eyes will be back on upcoming OPEC and FOM meetings. European markets have reversed direction and are not trading higher and oil futures are positive in the pre market.
S&P Futures are displaying strong gains this morning on the back of blowout earnings from AI chip maker NVDA. The overall market remains cautious due to the ongoing stalemate on the Debt Ceiling decision. Credit rating agency Fitch has placed the U.S. "AAA" credit rating on a "negative" outlook. Markets will be paying atteniton to earnings, econimic reports , fed speak and political comments on the debt ceiling talks today. Europe is trading lower and oil is giving back some of yesterdays gains.
S&P Futures are continuing to weaken this morning. House Speaker Kevin McCarthy said the two sides are "not anywhere near close" to a debt-ceiling deal. Covid cases in China are on the rise and may peak at 65 million infections a week towards the end of June. This afternoon the FOMC will be releasing the meeting minutes from the FOMC meeting earlier this month. The minutes will likely have a hawkish tone. European exchanges are lower and Oil is gaining.
S&P Futures are slightly lower in choppy trading this morning with the ongoing debt ceiling discussion continuing to be a key factor for the markets. Yesterday's discussions were described as productive but without progress suggesting that there is still a significant degree of uncertainty surrounding the outcome of the negotiations. BABA is said to be cutting 7% of cloud staff. Guardant Health prices upsized 12.5m share offering at $28 suggests that the company is looking to raise capital to fund its growth initiatives. Shutterstock to acquire GIPHY from Meta for 53m. European exchanges are mixed this morning and Oil has started to move higher.
S&P Futures are flat to lower in the pre-market this morning. Markets are paying close attention to the Debt ceiling talks and Biden and McCarthy who are scheduled to meet later today. Media reports a productive phone call was held on Sunday. Over the weekend, President Biden said that he expects relations should improve very shortly between the U.S. and China. Meta Platforms were hit with a 1.3 billion fine by EU regulators. Micron is off 6% in the pre-market after China banned the company's chips from being used in critical information systems. There is a lack of economic reports scheduled for release today could lead traders and media outlets to focus on other economic events, such as St. Louis Fed James Bullard's speech, which could potentially influence market sentiment. European markets are mixed and oil is trading lower.
S&P Futures are trading higher this morning driven by ongoing optimism around the debt ceiling talks and anticipation of Fed Chair Jerome Powell's speech later today. The positive sentiment appears to be reflected in European stocks as well, which are trading higher, while oil prices are also moving higher. It's worth noting that next week there are several retail stocks scheduled to release earnings. This could be an important event for the market, as the retail sector is closely watched for indicators of consumer spending and sentiment.
S&P Futures are continuing to display positive momentum this morning after yesterday's bullish mover higher. Unless there are indications of the debt ceiling talks breaking, equities should be able to hold onto and expand the gains. Concerns of a Fed rate hike at next month's meeting are likely to be dispelled tomorrow as Fed Chair Jerome Powel is scheduled to speak. The chip sector is positive this morning on news of investment and partnership with Japan. CSCO is weakening on concerns of declining orders. WMT has yet to report. European stocks are positive and oil prices are slightly lower.
S&P Futures are higher this morning as the results from yesterday's debt ceiling talk appear to be positive. Speaker McCarthy said that a deal was possible by the end of the week. In yesterday's Fed Speak, Cleveland Mester wants to raise rates, Chicago's Goolsbee, Atlanta's Bostic, and New York Williams appear unlike to vote for a rate hike in the June meeting. Target delivered an earnings beat, but their forward guidance was weak. CSCO to release after the close. European stocks are mixed and oil is now trading higher.
S&P Futures are slightly lower ahead of this morning's retail sales report. Talks on the debt ceiling are scheduled for later this afternoon. Executives from Silicon Valley Bank & Signature Bank will appear before the Senate Banking Committee today. Today's calendar is full of Fed speak, and in addition, Treasury Secretary Janet Yellen is scheduled to speak at 9:00 am. European exchanges are higher and oil prices are flat to higher as the market starts to digest this morning monthly oil report from the International Energy Agency.
S&P Futures are higher this morning as the market is reacting to positive comments from President Biden on the debt ceiling talks. The Biden Administration and China are said to be having discussions to reset relations which are causing Chinese stock to rally this morning. AI stocks could see some volatility today as OpenAI's CEO is testifying before a Senate panel. Markets will be paying attention to tomorrow's Retail Sales report and earnings releases from major retailers. European exchanges are higher and oil prices are on the rise.
S&P Futures are higher this morning and the premaket trading is mostly positive this morning. Institutional brokers may be warning of storm clouds ahead, but their comments is doing little to dampening this mornings positive sentiment. The market has a host of near term uncertainties including the debt ceiling talks, regional bank concerns and a another possible rate hike if Fed Gov Bowman can convince her colleagues at the Fed. European exchanges are higher and oil prices have reversed course and are now higher.
S&P Futures are higher this morning ahead of some key economic data reports. Yesterday's CPI report pointed to a more durable slowdown. Media outlets continue to push the narrative of the Fed cutting rates later this year, this is only likely if the economy suffers a significant setback. European exchanges are slightly higher this morning ahead of a monetary decision from the Bank of England. Oil is 0.5% higher this morning.
S&P Futures are soft this morning as the market awaits this morning's CPI print President Biden's & congressional leaders agreed to continue talks, and ahead of the meeting, House Speaker Kevin McCarthy ruled out a short-term debt ceiling extension. European exchanges are slightly lower this morning and oil is off by 1% as last night's stockpiles report was bearish.
S&P Futures are weakening this morning amid a host of potential catalysts. President Biden is meeting with congressional leaders today for the first round of debt ceiling talks. Data out of China indicated that imports slumped 7.9% in April against expectations of a modest rise. The market is also preparing for tomorrow's CPI report. European exchanges are lower and oil is slipping due to the China import data.
S&P Futures are trading higher this morning ahead of a big week of inflation readings. The Debt Ceiling issue will continue to make headlines this week, President Biden is scheduled to meet with Congressional leaders tomorrow. Over 1000 companies will be releasing earnings this week. The key economic report is the Fed's latest Sr Loan Officer Survey. European and oil futures are trading higher.
S&P Futures are trading higher this morning as the market is benefiting from a solid earnings report from tech titan AAPL. The key economic event today is the non-farms payrolls report. Watch for St Louis Fed Bullard to deliver controversial comments in his speech this afternoon. European stocks are trading higher this morning with gains in the banking sector. Oil prices are rebounding, higher by more than 2%.
S&P Futures are trading lower this morning. Stress in the banking sector remains heightened this morning. PACW is down 45% this morning as the lender is said to be considering strategic options, which include a possible sale. The key economic event today is the ECB's pending announcement on interest rates. After the bell today, Apple will be releasing earnings. European stocks are in the red this morning and oil prices are slightly higher.
S&P Futures are higher this morning. The key event today is the Fed announcement on interest rates, but the Fed's statement and the press conference at 2:30 pm ET will likely be the basis for today's trading. The debt ceiling remains a negative factor as political idealogy is preventing meaningful talks. Markets still have concerns with the banking sector, specifically those with exposure to commercial real estate. Europe is mainly higher this morning and oil prices remain weak.
S&P Futures are trading slightly down this morning ahead of today's start of the two-day FOMC meeting. Investors also digesting earnings from UBER, PFE and CAR and looking ahead to releases from SBUX, CLX and CZR. In terms of economic data, the latest JOLTS report is on the calendar today.
S&P Futures are flat to lower this morning, lack of morning volatility is due to holidays in Asia and Europe. Over the weekend China released weak Purchasing Managers index data which is causing oil prices to slide this morning. JP Morgan has agreed to buy First Republic Bank. Astellas Pharma is taking over Iveric Bio in a $5.9 billion deal. Later today the ISM Manufactuing index data is scheduled for release.
S&P Futures are lower this morning indicating weakness ahead. Tech stocks are the active issues as AMZN, INTC SNAP & TMUS all released earnings reports yesterday after the close. FRC is particularly active due to reports that authorities are working to secure further assistance for the regional lender. This morning, the employment cost index, personal income and spending, and the core personal consumption expenditures price index are all due ahead of the opening bell. The PCE index is one of the last major pieces of data before the Fed's meeting next week in which another 25 basis-point rate increase is widely expected. The CME FedWatch Tool is pointing to a 88% chance of a quarter-point rate increase next Wednesday by the central bank. European shares are lower with bank stocks under pressure. Oil prices are marginally higher this morning.
S&P Futures are higher and indicating a strong opening today. The market will focus on Economic data and earnings reports today. The key economic data point today is this morning's GDP report. Estimates indicate a positive GDP number is likely which is in contrast to the market's expectations that a recession is right around the corner. Meta's positive earnings report last night has the stock higher by more the 11% and there are more tech earnings on the way. Soon the market will start to change focus as there is an FOMC meeting next week. European shares are flat to higher and oil prices are marginally higher after yesterday's almost 4% drop in prices.
S&P Futures continue to indicate a positive opening. Futures have pulled back from earlier highs. Earnings beats from GOOG & MSFT have helped to calm the markets ending some of the negative pressure in the equity market this morning. There are a number of market-moving economic reports due out this morning, BSX, HLT & HUM have all reported earnings beats this morning. Still to come we will be hearing from BA & GD. European markets are trading lower and oil contracts are mixed.
S&P Futures are indicating a lower opening. Today is a bag day for tech earnings as we will be hearing from both MSFT and GOOG after the bell. This morning we have earnings beats from PEP, AAN, SHW, MCD, HAL, MMM & GM. Yesterday's earnings reports from First Republic and this morning's UBS report have the banking sector moving lower. Multiple companies are scheduled to have Shareholders meetings today including X, KO, C, BAC, DPZ, IBM, W, WFC, PZZA, & MSCI. European markets are trading lower and Oil is off by about 0.50%.
S&P Futures are pointing to a lower opening ahead of a busy week for company earning reports. In the week ahead we also have some key economic data releases that could color the Fed's interest rate decision on May 3rd. Oil prices are flat to lower this morning. European markets are marginally lower this morning.
S&P Futures are indicating a lower opening today ahead of economic data and more earnings releases. Fed comments yesterday displayed hawkish tones overall ahead of next week's blackout period. Tres Sec Yellen announced that the U.S. will put National Security over economic expansion ahead of a bill that President Biden is likely to sign which will curb some investment in China, but Chinese equities remain weak. Oil prices are flat to lower this morning on questionable demand concerns. European markets open higher but are showing weakness as the major indices are falling.
S&P Futures are indicating a lower opening today with the auto sector moving lower after TSLA's disappointing quarter. There will be an unusual amount of Fed Speak today as FOMC members are attempting to press their economic outlook ahead of the blackout period. There are a couple of key economic reports being released today. European markets are lower and oil is down over 1.5% this morning.
S&P Futures are indicating a lower opening today. Yesterday's comments from FOMC officials on rate hikes are causing the markets to reassess the current expectations of only 1 more rate hike this year. Oil is off 2% as additional supply is coming online. Earnings reports will still be a key factor in the market directions today. European markets are showing weakness this morning.
S&P Futures are indicating a positive opening today as earnings report continue to help push the markets higher. This morning we have positive action in BAC, BK &JNJ on earnings releases. GDP data out of China showed came in at +4.5% verse the expectation of +4.0%. Oil prices are slightly weaker this morning and market in Europe are showing gains.
S&P Futures are slightly higher this morning with the street focused on earnings results and Fed Speak in the week ahead. Economic data out of China this week is expected to show the country has started to recover from the pandemic. Merck has agreed to buy Prometheus Biosciences in a 10.8B deal. Oil prices are slightly weaker and European exchanges are higher this morning.
S&P Futures are lower this morning as shares of Boeing are selling off due to a supplier having delivery difficulties. JPM, UNH, BLK, WFC & PNC are moving higher on earnings results. Oil and European Indexes are moving higher. Key economic report today is the Retail Sales report.
S&P Futures are higher this morning as the market continues to price in the recent inflation data & the minutes from the FOMC meeting. FOMC minutes indicated for the first time that the Fed feels that a mild recession is possible later this year. Key economic reports for today are the Jobless Claims report & PPI (final demand). European markets are mixed to higher and oil is off by half of a percent.
S&P Futures are trading higher ahead of this morning's release of CPI data for March. Expectations are high that the data will indicate inflation slowed in March. This afternoon, the FOMC is scheduled to release its meeting minutes from the most recent Fed Decision meeting. Oil is higher, and European markets are displaying gains this morning.
S&P Futures are trading higher this morning as the market eyes inflation data. Tomorrow morning's CPI print will be closely watched e, expectations are for the March print to come in softer than the Feb print. European markets are higher this morning, Asian markets closed higher and oil has reversed direction and is not trading lower in the pre-market.
S&P Futures have turned lower this morning as traders start to assess Friday's Non Farm Payrolls data which indicated a slowdown in hiring. Overall markets are quiet with the European exchanges closed for Easter Monday. Oil is trading slightly higher. In the week ahead there are a number of key economic events such as the Feds meeting minutes and earnings reports from some of the major banks.
S&P Futures are pointing to a slightly higher opening. Volumes are expected to be light today due to the market holiday tomorrow. low volume days can lead to volatility. The labor market is in focus today as we have employment reports due out today and tomorrow. Multiple earnings report this morning, but the real earning season starts next Friday. European markets are higher and oil is partially lower this morning.
S&P Futures are pointing to a lower opening this morning as the market becomes keenly interested in the latest employment data. Equities seem to have stalled this morning yet JNJ is displaying some strong gains as the look to settle the talc lawsuits. Cleveland Fed Mester continues to be highly cautious on inflation and will be speaking this morning. Oil prices are slightly lower and markets in Europe are showing signs of caution this morning.
S&P Futures are pointing to a higher opening this morning. Markets will be paying attention to economic data releases this morning. Oil prices continue to trade higher this morning. Walmart is holding a tw0-day investors' day starting today. DIS CEO calls Florida governor anti-business at yesterday's shareholder's meeting. European markets are gaining this morning.
S&P Futures are trading slightly lower this morning. The market is reacting to Saudi Arabia's decision to cut oil production. Oil prices are trading + 5% higher from Friday's close. In the week ahead several labor reports are being released including the Non-Farms Payrolls report which is scheduled for Friday, and equity markets are closed on Friday. There is takeover news in WWE and EXR this morning and DIS is hosting a shareholders meeting today.
S&P Futures are trading higher this morning as the markets await a reading on inflation with the release of the PCE data this morning. There are a host of Fed officials scheduled to speak today and the earnings calendar is light today. European markets are positive and oil is higher this morning.
S&P Futures are displaying another day of solid gains as the concerns over the banking sector continue to ebb. This morning watch for some key economic indicators set for release and we have a host of Federal Reserves speeches set for today. The earnings calendar is light today. European shares are higher and oil is gaining.
S&P Futures are displaying significant strength this morning with bank shares showing strength. Markets appear to be confident that the banking sector is sound. We has a host of positive earnings last night and today the market will continue to monitor comments from Fed Vice Chair Barr as he is scheduled for another day of testimony on capital hill. European markets and higher and oil is trading higher this morning.
S&P Futures are trading slightly lower this morning. Markets will be digesting a host of economic reports plus a meeting of regulators on Capital Hill where the topic will be the recent banking crisis. European markets are flat to lower and oil remains higher but has given back some of its earlier gains.
S&P Futures are trading higher this morning and the sentiment is positive. Over the weekend a deal was announced for First Citizens to acquire much of the failed Silicon Valley Bank. The news is positive for the banking sector and prices are starting to recover. European markets are displaying good gains on various indexes and oil futures are trading 1% higher this morning.
S&P Futures are clearly pointing to a negative opening with the banking sector in focus. Traders are continuing to show concern over the stability of the financial sector. This morning's key economic data point will be the Durable Goods order. St Louis Fed Bank President James Bullard is also scheduled to speak, Mr. Bullard has a history of making startling statements that the broadcast media loves. European markets are lower and oil is trading 3% lower this morning.
S&P Futures are displaying solid gains this morning. While the Fed raised rates by 25 basis points, the key is in the forecast. While markets sold off during Fed Chairman Jerome Powell's press conference, traders are reassessing their positions as the Fed clearly signaled just one more hike this year. Tech stocks are moving higher this morning and are benefitting from the notion that the Fed will cease rate hikes. European markets are lower and oil is giving back some of yesterday's gains.
S&P Futures are flat to higher which is typical on day when an announcement is scheduled from the FOMC. Expectations are for a 25% basis point hike, but the outcome remains questionable due to the recent banking crisis. Fed Chair Jerome Powell's press conference is scheduled for 02:30 pm and will likely create volatility and spook the markets. The Treasury markets are experiencing a liquidity issue which will likely be a topic that Powell will need to comment on. European exchanges are mixed to higher and oil is lower ahead of the EIA data.
S&P Futures are displaying a strong move to the upside this morning as anxiety over the banking sector has eased. Traders are now looking ahead to tomorrow's FOMC announcement. The market is no longer considering a 50 basis point hike, a 25 basis point hike is possible or the Fed could leave rates unchanged. The key to tomorrow's announcement will be the projections. European exchanges are higher and oil futures are gaining.
S&P Futures have turned higher this morning and are currently higher by 0.13%. Earlier this morning the futures contract was displaying significant losses. European stocks have also turned higher, Oil is still down, but climbing higher. UBS has announced a 3.25B deal to acquire Credit Suisse. Signature Bank is being taken over by New York Community Bancorp.
S&P Futures are trading lower this morning with the focus remaining on the bank's stocks. First Republic gets a lifeline as 11 major banks inject 30 billion in deposits. Despite the recent issues in the banking sector the market continues to expect a 25 basis point hike at next weeks FOMC meeting. Baidu wins permit to roll out driverless robotaxi vehicles in Beijing.
S&P Futures are trading lower this morning even though the Swiss National Bank is providing a 53B loan to Credit Suisse. The market is awaiting an ECB announcement on interest rates this morning. There are a host of economic reports due out this morning, but the banking sector remains the key focus of the markets today. Oil is slightly higher and European markets are displaying good gains ahead of the ECB announcement.
S&P Futures are trading lower this morning due to global banking worries sparked in part by Credit Suisse. This morning we have a host of key economic reports due out, but its the Bank Stocks and rapid tightness in financial conditions is the key topic on traders' minds this morning. Credit Suisse shares are off another 25% this morning.
S&P Futures are trading higher this morning ahead of inflation data that has taken on added importance given the volatility in the banking sector. Banking stocks are showing gains this morning. Airlines are showing some weakness this morning as UAL guides for quarterly loss on lower demand, and higher fuel prices. UBER, LYFT & DASH are higher as California court affirms tights for employees to treat the drivers as contractors.
S&P Futures are trading higher this morning but have given up a good chunk of gains as traders refocus on the banking sector. While regulators have stepped in to provide security to depositors, lingering questions remain causing continued weakness in the sector. The two leading bank analysts for the past 2 decades are Mike Mayo and Dick Bove. Both are saying that this is not another issue like what we have seen in 2008. The good news is that the Fed is now unlikely to raise rates at next week's FOMC meeting. Boeing is received clearance to resume delivery of its 787 Dreamliner from the FAA and they are soon to announce new orders from Japan Airlines and the new Saudi Arabia airline. Seagen agreed to a $43B buyout from Pfizer ($229 per share).
S&P Futures are trading flat to lower but trending higher from being down 0.50% earlier this morning. The key event today will be the release of the Non-Farms payrolls report which is a key indicator used by the Fed when making monetary policy decisions. The health of the banking sector remains in focus as SVB Financial is facing an emergency capital raise. Asian market fell overnight and European markets are weak ahead of this morning's jobs report.
S&P Futures are trading slightly lower this morning as traders weigh the possibility of a 50 basis point hike in interest rates at the upcoming FOMC meeting. Traders are now pricing in a 76% probability of a 50-basis-points hike in March, up from 31% a week ago. This morning's Jobs report will be closely watched and after the bell, watch for earnings from GPS, MTN, DOCU, ULTA, and ORCL.
S&P Futures are trading slightly higher this morning ahead of another day of testimony from Fed Chair Jerome Powell. The economic calendar is active with a focus on employment data today. The Bank of Canada is expected to make an announcement on interest rates today at 10:00 am. Oil is mixed and falling, and European markets are mixed to higher.
S&P Futures are trading slightly higher this morning ahead of a Senate appearance by Fed Chair Jerome Powell today, traders will be paying close attention to his comment for clues about the central bank's coming interest rate decision. Tensions between the U.S. and China continue to rise as top govermental officials issue harsh comments on the U.S. plans to compete with China is certain sectors. Overnight Asian market were slightly higher. European markets are up and oil futures are falling this morning in the pre-market.
S&P Futures are trading slightly higher this morning. Traders are focused on Fed Chair Jerome Powell's testimony this week. Later this morning Factory Orders for Jan are scheduled for release. China set a 5% growth target for this year over the weekend. As a result mining stocks are trading lower. European exchanges are mostly higher and oil is off by more than 1.5%.
S&P Futures are on the rise this morning and attempting to finish out the week on the first weekly gain since January. The market's momentum turned positive yesterday due to comments from Atlanta Fed bank president Raphael Bostic. He indicated he would be in favor of a rate pause by summer. Today market action will be focused on the Feb PMI report and fed speak from a host of FOMC officials today. Asian markets closed higher, European exchanges are higher and oil is lower.
S&P Futures are moving lower this morning and attempting to rebound. Rising bond yields are weighing on the markets this morning. Yesterday's Fed Speak indicates that rate hikes above 5%. CRM, M & BURL are trading significantly higher due to positive earnings reports. European market are lower while oil prices are gaining.
S&P Futures are moving higher after a rocky month of trading in February. Today's move higher is due to a spike in Factory activity out of China overnight. China's PMI data jumped from 50.1 in Jan to 52.6 in Feb and caused global markets to move higher. This morning, traders are anticipating U.S. manufacturing data releases and earnings reports from a host of key retailers. European stocks are higher and oil is lower due to elevated production levels.
S&P Futures have gone from red to green and are now indicating a higher opening. This morning we have a host of economic reports due out before the opening bell. Earnings reports from major companies are showing beats. Chevron is raising its buyback guidance. Markets in Europe have also turned higher and Oil is now u over 1%.
S&P Futures are pointing towards a higher opening this morning. GDP Data for Jan is due out before the bell. PFE is said to be in early talks to buy SGEN and we have a host of quality earnings announcements due out this week. European markets are displaying gains and oil is trading higher.
S&P Futures are indicating a lower opening today. The market is showing concerns with this morning's PCE report which is a key data point that the Fed uses when assessing interest rates, The market is expecting a 4.3% to 4.4% rise on the core index, as a result, tech stocks are weakening. Boeing is trading lower as deliveries of the Dreamliner have been halted. European markets are weakening and Oil futures are trading higher.
S&P Futures are on the rise this morning. A positive earnings report after the close yesterday from NVDA and BABA strong report this morning is helping to push futures higher this morning. Today we have Jobless Claims, a GDP report, and we will be hearing from two dovish FOMC members later today. Overseas, we see European exchanges mainly trading higher and oil is rebounding.
S&P Futures are flat to slightly higher this morning. The markets are awaiting the release of the Fed's meeting minutes which are expected to shed some light on the path of interest rates. The recent move lower started as two non-voting Fed members commented on a 50 basis point hike last week. European markets are lower and Oil futures are down close to 1% this morning.
S&P Futures are under pressure this morning. This morning we are watching some geopolitical tensions unfold between the U.S. and Russia. Later this morning watch for the PMI Composite Flash report which is due out after the market opens and tomorrow the Fed will be releasing its FOMC meeting minutes. Home Depot is trading lower as retail feels that 2023 revenue will be flat. European exchanges are slightly lower while Oil prices (WTI) are gaining.
S&P Futures are lower and the sentiment remains bearish. Comments from 2 Fed bank presidents on the possibility of a 50-basis point rate hike have global markets pulling back and oil futures moving lower. It's important to note that James Bullard and Loretta Mester are not on the voting committee and that the majority of Fed officials are indicating a .25% hike at the next meeting. According to FedWatch there is only an 18% chance of a 50 basis point hike. This morning with have economic data on Import and Export prices and we will be hearing from 2 more FOMC members.
S&P Futures are flat to lower this morning ahead of several data releases that could provide additional clarity as to the health of the economy. Early this afternoon, St. Louis Fed bank president James Bullard is scheduled to speak, Bullard has a history of making comments that creates volatility in the markets. The FTC, DOJ, and House committees are focused on the anticompetitive behavior of big tech. European markets are positive due to corporate earnings reports and oil futures have reversed direction and are not higher on the day.
S&P Futures are lower this morning as yesterday's CPI print indicates that the Fed will continue its rate hikes this year. In the day ahead, we have a host of earnings reports and a number of key economic reports scheduled for release. Retail Sales for January are expected to rise 1.9% from the prior month. Oil is moving lower as last night's stockpile data display a larger-than-expected build.
S&P Futures are holding onto gains this morning ahead of this morning's CPI report. It is expected to show a 6.2% rise from a year earlier. Oil prices are trading lower as the White House announced another release from the Strategic Petroleum Reserves. European stocks are higher this morning.
S&P Futures are in positive territory and trading slightly higher this morning. Today's calendar is void of any market-moving economic reports, yet tomorrow's CPI release will surely create some fireworks. Later today, watch for earnings reports from Palantir and Arista Networks. European exchanges are positive this morning and oil is giving back some of Friday's gains.
S&P Futures are trading lower this morning and tech stocks are leading the move lower. Markets are digesting a host of earnings disappointments in a period of rising interest rates. Later today we will be hearing from 2 FOMC members, they are likely to continue the Feds theme of additional rate hikes to come. European exchanges are down and oil futures are pushing higher as Russia announced production cuts.
S&P Futures are trading higher this morning as the market reacts to a host of earnings reports this morning. One hour before the market opens today, the labor department will be releasing Jobless Claims figures for last week. Markets in Europe are positive this morning and oil is moving slightly higher.
S&P Futures are giving back some of yesterday's gains this morning. The market will be paying attention to an unusually high number of FOMC members who will be speaking today. The next potential market-moving economic report will be on Tuesday with the CPI release. President Biden touted his economic record in his State of the Unionspeech last night. He also called for a special billionaire tax and quadrupling a tax on stock buybacks. European markets are moving higher and oil futures are trading higher this morning.
S&P Futures are flat to higher in the pre-market. The markets are waiting to hear comments from Fed Chairman Jerome Powell this morning. Also, President Biden is scheduled to give his "State of the Union" speech this evening. Asian and European are mostly higher and oil prices are rebounding. Earnings are still in focus today as there are a host of companies preparing their earnings releases.
S&P Futures are negative this morning as U.S-China tensions rise over the balloon incident. Traders are cautious this week due to a lack of economic reports being scheduled for release this week. European exchanges are down 1% this and oil futures are displaying small gains. This afternoon watch for earnings reports from ATVI, SPG, TTWO & PINS. TSLA is raising prices on it Model Y, Dell Technologies is cutting 5% of its workforce, NEM launches a bid for Australian rival and Public Storage makes a bid for rival Life Storage.
S&P Futures are negative this morning on the back of disappointing earnings reports from GOOG, APPL & AMZN. On the economic calendar, today is the national employment situation (non-farms payrolls) which is due out 1 hour before the opening. European exchanges are mixed to lower and oil futures are flat in the premarket.
S&P Futures are positive this morning and looking to continue a push higher on a post-Fed bounce. Later this morning watch for the r Jobless Claim report and this afternoon we have earnings due out from AAPL, AMZN, GOOG. Oil is continuing to move lower on top of yesterday's 3% drop in oil prices.
S&P Futures are weaker this morning ahead of this afternoon's monetary policy announcement from the FOMC. Fed Chairman Powell's press conference is expected to be hawkish in nature. Today kicks off a new month of trading with a host of key economic and earnings report set to be released. European markets are flat to higher and oil futures are show gains in the premarket.
S&P Futures are weaker this morning as the market prices in a host of earnings announcements. Fresh data out of Europe point to persistent inflation which could keep central banks in tightening mode for longer. European and Asian markets are moving lower and oil is down 1% in pre-market trading.
S&P Futures are down by more than 1% in pre-market trading. The market is showing signs of caution ahead of this week's FOMC meeting and a slew of tech earnings. European stocks are moving lower and oil is flat to lower ahead of this week's OPEC meeting.
S&P Futures are moving lower this morning. The market is awaiting a key report this morning. The Personal Income & Outlays report is an inflation report and is expected to come in flat this morning. Chip makers are under pressure this morning following Intel's bleak outlook. European exchanges are moving higher and oil futures continue to rise.
S&P Futures are moving higher this morning due to strength in tech stocks after a positive earnings report from TSLA. There are a host of important earnings and economic reports due out today. Traders will be paying close attention to this morning's announcement on 4Q GDP, forecasts are calling for a +2.8% growth in GDP. European exchanges are slightly higher ahead of today's economic releases. Oil futures remain in positive territory ahead of next week's OPEC meeting.
S&P Futures are moving lower this morning due to growth concerns. With a lack of economic reports today, markets are focused on earnings. MSFT may have delivered an earnings beat last night but their comments on slower could growth ahead have caused tech stocks to fall this morning. European stocks are down and oil futures are flat to higher this morning.
S&P Futures are trading lower this morning as traders start to price in earnings reports from JNJ, MMM, VZ & GE. The U.S. is cautioning Chinese companies from providing support to Russia. Tech stocks are on watch this morning due to upcoming earnings reports and also as the DOJ is preparing a lawsuit against Google on their dominance of the digital ad market. European stocks are lower while oil prices are gaining.
S&P Futures are trading slightly lower this morning as the market gears up for a big week of earnings and economic reports. The Fed is now in its blackout period ahead of its decision next week on monetary policy. Overseas markets are higher, Most Asian exchanges are closed this week for the Lunar New Year.
S&P Futures are slightly positive this morning with tech stocks in focus. Layoffs at Google, NFLX earnings and FDA announcements will all be closely monitored today. Asia closed higher overnight and European markets are higher on optimism about the reopening of China. Fed Governor Christopher Waller is scheduled to speak this afternoon, his comments will likely call for additional rate hikes.
S&P Futures are moving lower and traders remain concerned about a pullback in economic activity. The negative tone in speeches from FOMC members yesterday continue to push the markets lower. Today we have more Fed speak occurring and a host of key earnings announcements and economic data being released. Asian and European markets are lower and oil futures are falling.
S&P Futures are higher this morning. Markets are reacting positive on the outcome of the Bank of Japan's monetary policy meeting. This morning there are a number of economic reports due out, with the Retail Sales report in focus. European markets are flat to higher and oil continues to display gains of more than 1.5% in the pre-market.
S&P Futures are moving lower this morning with earnings announcement in focus. This morning, GS and MS will be releasing quarterly results, the outlook from these firms will be extremely important. European markets are slightly lower and oil is higher as refinery data is set to increase.
S&P Futures are moving lower this morning as the market reacts to a slew of earnings reports being released. Delta Q1 guidance came in lower than expected. HBI delivered positive early 4Q sales guidance and UNH 2023 guidance was a bit light. BK, WFC, BAC, & JPM all delivered eps beats. European markets are higher this morning on positive economic data and oil continues to trend higher on the China reopening.
S&P Futures are moving between gains and losses this morning ahead of this morning's CPI release. Expectations are for the annual consumer-price inflation to have slowed to 6.5% in December from 7.1% in November. FOMC officials are paying close attention to this morning's release as they prepare for the upcoming FOMC meeting at the end of the month. Traders are placing a 78% probability on the Fed raising its benchmark rate target by a quarter of a percentage point to a range between 4.5% and 4.75%. In Asia, stocks were flat to higher, and European indexes are trading higher in anticipation of this report.
S&P Futures are moving higher this morning. Sentiment is positive ahead of tomorrow's CPI release. Traders will be looking for more evidence that inflation is continuing to slip and will thus allow the Fed to ease monetary policy soon. Markets in Asia closed higher, European stocks are showing gains and oil is higher in the pre-market. Airline stocks are lower this morning. Flights in the U.S. are grounded due to a failure in the FAA pilot notification system.
S&P Futures are moving lower this morning. There are no significant earnings reports or major economic releases due out this morning and without a catalyst, markets tend to drift lower. Fed Chairman Jerome Powell is speaking today at the Sveriges Riksbank International Symposium on Central Bank Independence in Stockholm, Sweden. His comments will likely be carefully scripted to avoid any hints as to when the interest-rate increases will stop. Inflation does appear to be slowing and Thursday's CPI release will likely provide FOMC members enough evidence to stick with a 0.25 rate hike at the next meeting.
S&P Futures are trading higher this morning as global markets are positive on China reopening its borders. As a result, oil is trading 3% higher and European / Asian stocks are higher. The week ahead is light for economic reports, however, Fed Chair Jerome Powell is scheduled to speak tomorrow and on Thursday there is the CPI release.
As we wrap of the first week of trading in 2023, let's take a look back at some of the top daily picks from Trading Anchor Bill Olsen in 2022.
S&P Futures are flat to higher this morning ahead of today's nonfarms payrolls report. Markets are anticipating an increase by 202,000 in December with the unemployment rate holding steady at 3.7%. The dollar has risen to a 4 week high ahead of the payrolls figure. European exchanges are flat to higher and oil is lower this morning.
S&P Futures have turned higher after showing some early morning weakness. It's a key day for employment data with 2 jobs reports due out before the market opens. Later today, James Bullard of the St. Louis Fed is due to speak. Historically, Bullard's speeches are market-moving as he typically breaks from the majority with highly negative comments on the economy.
S&P Futures are pointing to a higher opening this morning. Gains in Asia and continues weak inflation data out of Europe are setting the stage for a higher opening today. On the Economic calendar today the market will be paying attention to the release of the Fed's meeting minutes this afternoon. Oil futures are down over 2% this morning in pre-market trading.
S&P Futures continue to display solid gains this morning. Asian and European stocks are also higher. Travel, Tech & Consumer products are leading the move higher this morning. Oil prices are weakening due to comments from an IMF official.
S&P Futures are trading lower this morning, the last trading day of the year. Without any significant economic or earnings reports due out, the market is likely to drift lower. European markets are lower and oil futures have reversed course and are not flat to higher.
S&P Futures are trading higher this morning. This morning markets will be paying attention to the Jobless Claims and EIA oil stockpiles reports today. Jobless Claims are expected to come in at or near 225k for the week ending 12/24. Oil is pushing lower this morning as rising infection rates in China are causing oil traders to reassess demand expectations.
S&P Futures are trading higher this morning. Markets continue to positive towards China's sudden decision to abandon its zero-tolerance policy, however, the near-term expectations are for global infection rates to start climbing higher. Shares of TSLA are higher this morning after losing more than 11% yesterday. European markets are mostly higher, and gains in commodities are benefitting the FTSE index.
S&P Futures are trading higher this morning. News reports out of China indicating that they will be reducing quarantine requirements for incoming travelers is a positive factor for the S&P's this morning. Shares of TSLA remain weak as the company suspends production at its Shanghai plant on Saturday.
S&P Futures are trading higher this morning. There are two important economic releases scheduled for today. This morning PCE and Durable Goods reports are expected to set the tone for the markets today. The PCE price index is set for release, alongside personal income and consumer spending data. Core PCE is expected to have climbed 0.2% for a second month. Oil prices are trading 1.5% higher this morning as Russia indicates production cuts.
S&P Futures are trading lower this morning and volumes are starting to fade. This morning we have GDP & Jobless Claims being released. The market is also pricing in earnings results from key sector heavyweights. European markets are mixed to lower and Oi prices elevated, up almost 2% in the pre-market.
S&P Futures are trading higher this morning as the market is reacting to yesterday's positive earning reports from NKE and FDX. In today's session, the market will have another housing report as well as a report on Consumer Confidence. European exchanges are trading higher and oil is higher by more than 1.5% as the API stockpiles data was bearish.
S&P Futures are trading flat to lower this morning on the back of a 4 day losing streak. The Bank of Japan made a change to its monetary policy overnight which is causing some nervousness this morning. Today, markets will be keeping an eye on housing data and earnings reports from NKE & FDX and oil prices are trending higher.
S&P Futures are trading higher this morning. Markets will be paying attention to s slew of housing-related economic reports this week. In addition, earnings announcements are expected from NKE, FDX, MU GIS, and others. European markets and oil futures are trading higher.
S&P Futures continue to trade in the red this morning as a reaction to the recent monetary policy moves by central banks. The key economic report today is the Flash Services PMI report for December due out shortly after the market opens. ADBE delivered a positive earnings report last night and shares are higher by roughly 4%. Oil prices remain weak and are down over 2% this morning.
S&P Futures are moving lower this morning as the market continues to digest yesterday's FOMC comments. On Wednesday the Fed indicated that it expects to push rates higher for longer in its effort to contain inflation. Key economic reports to pay attention to this morning are the Jobless Claims & Retail Sales reports. European exchanges are trading lower ahead of monetary announcements from the Bank of England and the ECB. Oil is flat to higher as yesterdays push higher may be too optimistic on a rebound of demand from China.
S&P Futures are trading flat to higher which is normal on days when the FOMC is scheduled to make a monetary policy announcement. Market volatility is expected at 2:00 pm ET today when the Fed makes its lastest policy announcement. Expectations are for a 50 basis point increase in the Fed Funds rate. The market will be looking for insights as to the future of rate hikes in 2023.
S&P Futures are trading higher this morning ahead of today's CPI release. The CPI report has the ability to spark volatility in the markets today. A further slowdown is expected, with annual CPI expected to increase by 7.3%, down from 7.7% in October. The FOMC meeting starts today and this morning's CPI release will likely be a factor in their decision on interest rates which is scheduled for release tomorrow morning. Oil futures are moving higher as the Keystone pipeline remains offline.
S&P Futures are trending higher this morning ahead of tomorrow's CPI report and Wednesday's FOMC announcement. Positive news events this morning include, AMGN confirming 27.8B deal for HZNP, MSFT buying a 4% equity stake in the London Stock Exchange, and Thoma Bravo in advanced talks to acquire COUP. Oil prices continue to move lower which is increasing the possibility of a soft landing.
S&P Futures turned lower following a hotter than expected inflation reading after trending higher earlier this morning. This morning's PPI report for November will likely be the key market-moving event today. November’s producer price index showed wholesale prices rise 0.3% last month and 7.4% year-over year, expectations were 7.2%.
S&P Futures are displaying gains in the pre-market. The market has been weak for 5 straight sessions. Weakness ahead of an FOMC meeting is not unusual, however, prior to next week's FOMC meeting we have some key inflationary reports due out including tomorrow's PPI and next week's CPI reports. European markets are slightly lower ahead of a speech later today from ECB president Lagarde. Oil prices hold onto slight gains this morning.
S&P Futures are trading lower this morning as the market continues to display concerns about the anticipated economic damage that is likely to occur due to the Fed rate hikes this year. CEOs from JPM, BAC & GS have indicated that inflation and rate hikes will likely take a toll on the markets in 2023. China took another step away from its stringent Covid-19 controls, easing quarantine and testing requirements and curtailing the power of local officials' ability to enforce lock downs.
S&P Futures are flat to higher this morning as the market awaits a catalyst event between now and the FOMC meeting next week. Oil remains weak and is lower this morning by more than 1% which indicates both a demand concern and that the effects of the Russian oil price caps are starting to take effect. Bond Yields are mixed this morning after jumping in the previous few session following robust economic data.
S&P Futures are weak this morning down 0.37% in the pre-market. The surge seen in the Asian markets has not carried through to the European or North American markets. Traders remain focused on the health of the U.S. economy. This morning's November ISM services report is expected to come in at 53.7. Oil is trading higher as the G7 agreed to move forward with the price caps on Russian oil.
&P Futures are flat to higher this morning. Before the opening today, we have the non-farms payrolls report being released. The report will provide the Fed with data related to how the labor market fared in November amid rising interest rates and high inflation. Estimated indicate that employers added 200,000 jobs last month. This indicated a slowdown in highering as the October number was 261,000. Oil is trading flat to higher as the market awaits news of the EU vote on Russian oil price caps.
S&P Futures have turned higher this morning as traders await a host of economic data releases. The key economic release today is the Personal Income & Outlays for October. A weak reading will increase the expectations for a Fed rate hike of 50 basis points at the next FOMC meeting and could turn the market higher. Oil is trading 1% higher this morning as the European Commission is pushing for a price cap of Russian oil at $60 a barrel.
S&P Futures are higher and have been positive all morning. Economic reports will be key to the direction of the market this morning. In the afternoon, all eyes will be on Fed Chair Jerome Powell's speech this afternoon. His speech could give clues about the size of the Fed's expected rate rise at its Dec. 13-14 meeting, as well as the timing of a potential pause in 2023. Most traders expect the central bank to lift its benchmark rate by half a percentage point in two weeks' time.
S&P Futures are hanging onto gains this morning as concerns over China may be easing. Investors are collecting a slew of economic data starting today and throughout the rest of the week. Today we have the Case-Shiller Home Price Index and the latest look at Consumer Confidence. Earnings announcements today include CRWD, WDAY, INTU and HPE.
S&P Futures are trading lower this morning over concerns of unrest in China. Foreign marks were also lower because of the same concerns. Oil prices fell sharply to a nearly 11-month low. On the economic front, Dallas Fed Manufacturing Survey is due out today and investors will be watching some comments from Fed officials. Earnings later this week include CRWD, WDAY, INTU and HPE.
S&P Futures are displaying slight gains this morning. Attention is expected to focus on the start of the holiday shopping season and whether consumer resilience is holding up. Visa says U.S. payments volume in November is 9% higher than a year ago. This comes ahead of Black Friday and the start of the holiday shopping season. The E.U. could be making an announcement today on Russian oil price caps.
S&P Futures are slight gains this morning ahead of a host of economic reports this morning. While the focus will be on the Fed Meeting minutes this afternoon, this morning's Durable Goods Orders will likely create volatility in the pre-market. Oil prices have turned negative and are lower by 2%.
S&P Futures are flat this morning while European indices are higher. Oil prices have started to rebound as OPEC members release statements indicating that they are not considering raising production levels. This morning we have a host of retailers releasing earnings and tomorrow's schedule is full of economic releases with the Fed meeting minutes being released tomorrow afternoon.
S&P Futures are indicating a lower opening this morning. Markets are concerned with the Covid situation in China as the Chinese government introduced further restrictions within the world's second-largest economy. In a surprise move, DIS rehired Bob Iger as CEO late last night. This morning we are seeing weakness in commodities, including oil which is lower by 0.50%.
S&P Futures are indicating a higher opening this morning. The retail sector is displaying gains this morning on the back of some positive earnings announcements. Although upcoming holiday sales remain unpredictable. Asian markets were lower due to the continued strains that the Covid lockdowns are having on the Chinese economy. European Markets are displaying strong gains and oil prices flat with Brent trading below the $90 mark.
S&P Futures have been lower all morning as the rally, caused by recent data suggesting cooling U.S. inflationary pressures, looked to be running out of steam for now. Before the bell this morning there are a couple of key economic reports being released and there is plenty of Fed speak scheduled for today. Oil prices are down over 1% this morning and after the close today we have earnings reports from AMAT, PANW, ROST, GPS and more.
S&P Futures have gone from green to red this morning as Target releases weaker-than-expected earnings. This morning's economic data release will likely set the tone for the markets open. Before the bell today the Retail Sales and Industrial Production reports will be closely watched. A missile exploded in Poland, the media indicate that the origin of the missile was likely the Ukrainian Air Defense unit. Oil is flat to lower on the day.
S&P Futures are indications of a strong opening this morning. This morning's positive sentiment is being driven by hopes of a more stabilized relationship between the U.S. and China. Bond yields are lower in anticipation of this morning's PPI release. Oil futures are lower, but have risen 1% in the last hour. Shares of Chinese internet-technology stocks are seeing strong moves higher this morning.
S&P Futures are moving lower this morning and government bond yields are higher as the market continues to adjust to the recent softening of inflation data from last week. This morning, Oil is giving back some of Friday's gains, and European stocks are higher as China makes moves to strengthen its real estate sector. President Biden is meeting with the president of China ahead of the G20 talks.
S&P Futures are moving higher this morning. The market is extending yesterday's gains on the expectations that the softer CPI print will lead the Federal Reserve to hit the brakes on rate hikes. The Bond market is closed today for Veterans Day. Health authorities in China said the government was shortening the time travelers must stay in quarantine and curtailing mass testing, among other steps. As a result, oil prices have moved up more than 3% this morning.
S&P Futures are moving higher this morning in anticipation of this morning's consumer price index report for October. In addition, there is a host of Fed Speak scheduled for today. The prospect of either a benign or harmful inflation report causing large market moves is expected by many traders. Oil is lower this morning and the European markets are displaying little volatility this morning.
S&P Futures are trading lower this morning as the market digests the early midterm election results and awaits tomorrow's consumer price index report. Shares of Disney are down 7.5% this morning due to an earnings miss. DISNEY + added over 12m new subscribers but the division lost 1.47b. Oil is moving lower as Covid cases continue to rise in China.
S&P Futures are trading higher this morning and the sentiment is cautious ahead of the midterm election and the inflation data due out later this week. Oil prices are down more than 1% this morning China's zero Covid policy continues to result in a slowdown of economic activity. In Europe, stocks are mixed overall, yet tech stocks are trading higher.
S&P Futures are trading higher this morning even as short-term Treasury yields hovered near their highest since 2007. Despite a hawkish fed, traders are expecting a period of smaller rate increases in the future remains a bullish factor for the markets. Oil is pulling back due to A statement out of China indicating that there will be no change to its Zero Covid policy. Asian markets moved higher on better-than-expected economic data out of China. Later today we have earnings announcements from Activision Blizzard, BioNTech, Lyft, NRG Energy, and Mosaic.
S&P Futures are trading higher this morning ahead of this morning's jobs report. The possibility of a China reopening is creating positive sentiment in the markets this morning. Oil prices jumped 2% this morning on the news and Asian and European markets are higher. Earning announcements remain in focus with over 80 companies scheduled to release this morning.
S&P Futures are trading lower this morning as traders continue to price in yesterday's comments from Fed Chairman Jerome Powell. Today is a heavy day for both earnings and economic events but it is Powell's comments yesterday on the path of interest rates that will be mainly spoken about during the day today. As expected the Dollar is higher and crude oil is weaker.
S&P Futures are flat to higher this morning ahead of today's FOMC decision on monetary policy today. Historically the market has bounced on the 2:00 pm decision, but the real direction is set by the tone coming out of the Chairman's press conference that starts today at 02:30 om ET. Prior to the Fed announcement, the market will receive job data from the ADP, ADP employment data is a key read ahead of Friday's Non-Farm Payrolls report. Asian markets showed strength overnight as China appears ready to move towards an easing in Covid 19 policy.
S&P Futures are pointing towards a strong opening this morning as sentiment is positive. Traders are anticipating the Fed to indicate a slowdown in rate hikes after this week's Federal Reserve meeting. This morning we have economic reports due out on manufacturing & labor demand, plus a host of earning reports that are likely to help push the market higher. Oil is higher on expectations that China will soon announce the easing of Covid 19 restrictions.
S&P Futures are edging lower this morning as the market prepares for a busy week ahead. The Federal Reserve will meet, a third of S&P 500 companies will report earnings and economic data such as the October jobs report will be closely examined. That's just this week. Then it's the midterm elections, which historically lead to a bounce. Oil prices are lower this morning Covid 19 lockdowns will curb demand.
S&P Futures are trading lower this morning with contracts on the tech-heavy Nasdaq-100 leading losses after a disappointing sales forecast from Amazon highlighted the challenges facing even the largest firms. Exxon Mobil and Chevron are showing gains after releasing strong earnings results. The key economic release for today is Personal Income & Outlays which is due out before the opening today. Oil prices are pulling back on demand concerns due to China issuing new lockdown measures.
S&P Futures are trading slightly higher this morning. In addition to earnings results this morning, the markets will need to digest a host of economic data and a monetary decision from the ECB. Bond yields are ticking higher while the dollar is steady ahead of the pending ECB announcement on monetary policy.
S&P Futures are trading lower this morning with earning releases in focus. Disappointing results from MSFT & GOOG are providing clear indications of a slowing economy. After the bell today, Meta is scheduled to release earnings. Traders are also watching for the latest economic data on weekly mortgage applications, wholesale inventories, and new home sales.
S&P Futures are trading lower this morning. Economic and Earnings data will continue to be the market drivers today. Shortly after the opening today a report on October Consumer Confidence is set to be released. After the bell today watch for earnings results from MSFT, GOOG, V, TXN, SPOT, and more. So far this season, companies have proven they may be faring better than anticipated. That’s due in part to the fact that analysts’ earnings estimates have come down in recent months as companies faced foreign exchange headwinds and other growth concerns. This could set up stocks for rallies on potentially better-than-feared outcomes.
S&P Futures are trading higher this morning. Overnight, S&P futures surged 1% Sunday night, but have since given back those gains. Corporate earnings are in focus with over 850 companies scheduled to release earnings this week, including 165 S&P 500 companies. Fed officials are in a blackout period as there is a Fed meeting next week. Treasury yields fell across the curve as investors weighed Federal Reserve policy beyond an expected three-quarter-point rate increase in November. Asain markets sold off overnight after Chinese leader Xi Jinping cemented his control over the ruling Communist Party by appointing a number of loyalists to the party's most powerful decision-making body and getting a convention-defying third term.
S&P Futures are lower this morning as global markets react on indications that the Fed will continue to be in a hawkish mode for 2023. Weakness is apparent in various social media stocks. SNAP earnings results indicate a possible slowdown in the digital ad marketplace. TWTR shares are weak as regulators are considering a national security review of a Musk acquisition. Oil has rebounded from a 1% loss earlier this morning.
S&P Futures have turned higher as earnings reports are helping to move the indexes higher. Oil futures are higher by more than 1.5% in the premarket, and Airline stocks are also in play this morning. Later this morning a host of key economic reports are scheduled for release, plus there are a host of FOMC members speaking today.
S&P Futures are flat to higher and have been fluctuating between gains and losses this morning. The market has been benefitting from positive earnings announcements combined with lower oil prices and minimal economic reports being released. This morning we are seeing gains in NASD & oil futures. The yield on the benchmark 10-year Treasury note edged up to 4.065% from 3.996% the day before.
S&P Futures are indicating another strong opening this morning. Corporate earnings reports from the major bank have been positive which is creating optimum in the markets this morning. Asian markets closed higher, European markets are showing strong gains and oil prices are slightly lower. Oil traders are expecting an announcement from President Biden on plans to sell oil from the Strategic Reserve.
S&P Futures are trading higher this morning as the markets prepare for a big week of earnings announcements. Yields are dropping and the Dollar is weakening. Multiple sectors are showing gains in the pre-market including Airlines, Autos, Banks, Brokerages Oil, and Semiconductors. Bank of America is higher after their earnings release. Oil is flat to higher as the demand outlook is strengthening after a speech by China's President. The European markets are higher.
S&P Futures are trading higher this morning. Bank earnings are in focus this morning, with results due shortly from Citigroup, Morgan Stanley, JPMorgan Chase and Wells Fargo. Retail sales data will give a look at how high inflation is affecting consumer demand. We'll also get a separate reading of consumer sentiment. European markets ar higher by more than 1% this morning while oil is trading lower.
S&P Futures are trading higher this morning ahead of the release of the CPI report. The CPI report is widely watched by the Fed and is a major inflation indicator. The consumer price index is expected to rise between 0.2% - 0.3% in September. The year-over-year rate for overall CPI is expected to slow to a still-brisk 8.1% from 8.3% in August but the core measure is forecast to accelerate to 6.5% from 6.3%. This morning we have earnings reports for DPZ, DAL, FAST WBA, PGR TSM & WFC.
S&P Futures are trading higher this morning ahead of some key economic releases. This morning, we have the Producer Price index and in the afternoon the Fed will be releasing the meeting minutes from the recent FOMC meeting. Earnings season is starting to with PepsiCo delivering 13 cent beat on higher revenue. Oil is trading slightly higher after dropping 4% in the last two sessions.
S&P Futures are lower for the fifth consecutive session as higher interest rates and soaring inflation is set to weigh on company earnings. Also putting pressure on stocks this morning are comments from Fed officials indicating a continuing tightening policy with rates peaking at 4.25-4.50% early next year. Markets are fragile ahead of Thursday's CPI release. Oil is trading lower by 2% this morning on demand concerns out of China.
S&P Futures are lower this morning with the bond markets closed for the Columbus Day holiday. With the bond markets closed today, volumes will be lighter than normal. The market is cautious ahead of the start of earnings season this week as the Dollar has moved higher over this quarter. Later this week, the CPI report is scheduled for release.
S&P Futures are flat to lower in cautious pre-market trading this morning. All eyes are waiting for this morning's Non-Frams payrolls report. Expectations are for a slight increase in hiring, but lower than last month. Semiconductor stocks are weak as AMD cut its revenue forecast. Draft Kings is close to signing an exclusive arrangement with Disney-owned ESPN. The Biden administration are considering multiple options to help lower oil prices after Saudi Arabia and OPEC+ announced production cuts earlier this week.
S&P Futures are lower this morning & bond yields are on the rise . Comments from Fed officials reiterating the need for higher rates and the release of Jobless claims today and tomorrow's Non-Farm payrolls report have traders on edge. Oil prices have reversed course and are now trading lower on the day. European markets have also turned negative on the day. Shares of LLY are trading higher as the FDA granted Fast-Track designation for its obesity treatment.
S&P Futures are lower this morning after posting their biggest two-day gains in more than two years. There are a number of important events to pay attention to today. There is an OPEC meeting happening with an announcement on production quotas due out today. We also have the ADP Employment report which will be watched closely and is thought to provide a solid indication ahead of Friday's non-farm payroll report. European markets are weak this morning with Auto, retailers, and real estate stocks moving lower. Later this afternoon, Costco will be releasing its monthly sales figures.
S&P Futures are showing strong gains this morning. Bond yields and the Dollar is lower as inflation concerns have started to ease. There is anticipation that the central banks may become less aggressive on rate-hiking plans. Asain and European markets are higher and Oil prices are extending their modest gains this morning ahead of tomorrow's OPEC meeting and likely output cut.
S&P Futures are moving higher this morning and look to be starting off the quarter on a positive note. European markets are trading lower. Swiss Banking firm Credit Suisse is off 10% this morning due to concerns on the bank's capital position. Oil furtures are higher by more than 3% this morning as OPEC+ members are said to be considering a production cut of more than 1 million barrels per day.
S&P Futures are positive but off their earlier highs. Today is the last day of the quarter and later this morning we have a key economic indicator being released. The release of the Personal Income & Outlays will likely drive the market today. We also have plenty of Fed speak today including the Fed's Vice Chair Lael Brainard. The oil market is preparing for next week's OPEC meeting where a production cut is anticipated. Nike earnings were a disappointment last night as profitability is eroding. MU is higher after earnings and says that the industry environment has deteriorated sharply.
S&P Futures are lower this morning as yesterday's BOE news starts to fade, and concerns over economic growth/inflation remain the key drivers of market volatility. This morning Jobless Claims and GDP reports are due out 1 hour before the market opens. Later this afternoon we will have earnings reports for Micron and Nike. Oil is flat to higher this morning as the European Union announced a new round of sanctions against Russia.
S&P Futures are slightly lower this morning, Futures were positive after the Bank of England made a statement indicating that it would buy government bonds with long maturities on whatever scale is necessary in an effort to restore order to the market for gilts. Apple and AAPL suppliers are moving lower due to news reports indicating soft demand for the iPhone14 and will not ramp up production. Stocks are coming under increasing pressure from near-global tightening financial conditions, as central banks raise interest rates to fight inflation. More signs are pointing to growth decelerating, including the first monthly decline in house prices in years. Jerome Powell is scheduled to speak this morning and the markets will be paying close attention to tomorrow's GDP release.
S&P Futures are indicating a move higher by over 1% this morning. The major benchmark indices have declined for multiple consecutive sessions as traders continue to retreat amid higher interest rates and growing recession concerns. Fed Chair is scheduled to speak this morning and will likely continue the narrative of whipping inflation at all costs. There are a host of key economic reports due out this morning and President Biden is scheduled to speak today at 1:15. Oil prices are trading higher as Hurricane Ian continues to grow.
S&P Futures are lower this morning on light volume as bond yields move higher. On tap today, we have multiple Fed members hitting the speaking circuit and their comments will be closely watched as Central banks around the world are raising their key interest rates in the most widespread tightening of monetary policy on record. Fears of a global session which is causing traders to decrease their exposure to risk assets in favor of yield. Oil prices remain in focus as oil prices are trading approximately 1% lower this morning.
S&P Futures have been moving lower all morning, and the U.S. dollar continues to wreck all its competitors, as the market continues to price in further Federal Reserve interest-rate tightening as it fights inflation. The move higher in the dollar is causing crude oil prices to fall. This afternoon there is a Fed Listens event happening. Fed Chairman Jerome Powell is scheduled to give the opening remarks.
S&P Futures are trading higher this morning in the aftermath of yesterday's FOMC announcement where the Fed increased rates by 75 basis points. Fed chair Jerome Powell's tone at yesterday's press conference was rather hawkish. His comments emphasize that interest rates will be higher and for a longer period of time while downplaying the recent positive economic news. The Fed's median projections see another 125 basis points of increases to the year-end. They also see the fed funds rate rising above 4.5% next year. CEO's from the major banks will be appearing today in front of the Senate banking committee. The Bank of England is expected to raise its benchmark interest rate this morning as well.
S&P Futures are moving higher this morning as we get closer to this afternoon's FOMC announcement on monetary policy. The Federal Reserve is expected to increase interest rates by 75 basis points to a target rate of 3.0% to 3.25% when it delivers it decision at 2 pm Eastern. The U.S. dollar rose to 20-year highs this morning as Russian President Vladimir Putin called for a partial military mobilization of the country to prosecute his attack on Ukraine. The partial mobilization means that reservists will be drafted into military service. The announcement, which included threats against the West, raised fears of a further escalation in the conflict. Oil futures are 2.5% higher this morning.
S&P Futures are moving lower this morning. The market's main focus is on tomorrow's FOMC decision, yet housing will be in focus as well. This is a big week for housing reports plus home builders LEN & KBH are scheduled to release earnings. Fed officials have made clear they are willing to accept a recession if it is the price of slowing the pace of inflation. Data last week showed inflation remained strong, cementing expectations the central bank will keep raising rates. A 75-basis point hike remains the most popular prediction.
S&P Futures are lower this morning and the sentiment remains bearish ahead of the FOMC announcement on Wednesday. Stocks in London are closed today due to the Queen's funeral. Oil is trading lower as growth fears and expected central bank tightening this week weighed on sentiment. This week we will have monetary decisions from Japan, Sweden, Switzerland, Norway, U.K., and the U.S. Earnings reports from Costco, Lennar, Darden, General Mills, and more are expected this week.
S&P Futures are lower and the sentiment remains bearish ahead of next week's FOMC meeting. The Fed has indicated a 0.75% rate hike at the conclusion of the monetary policy meeting next week. The FOMC is likely to continue to raise rates until the labor market starts to weaken. FedEx said Thursday that its quarterly revenue fell below its expectations and it was closing offices and parking aircraft to offset declining volumes of packages moving around the world. Oil is seeing a slight rebound this morning.
S&P Futures ahave reversed course and are now trading lower. There are a slew of economic reports due out before the market opens today. The street is not expecting any significant surprise from this mornings reports, but a surprise in Retail Sales or Industrial production could be a catalyst for today. President Biden says that the railroad strike has been averted. Oil is weakening ahead of next week FOMC announcement.
S&P Futures are trading higher after yesterday's heavy selling pressure. The market is indicating a bounce higher this morning after disappointing CPI figures. Markets will get another data update with producer price index due out before the opening. The Fed is meeting next week and yesterday's CPI print ensures that the FOMC will deliver a 75 basis point hike. Oil is edging higher as global demand appears healthy. Russian President Putin is scheduled to meet with leaders from China, India, Turkey, and India later this week.
S&P Futures are continuing to trade higher this morning. The positive sentiment is due to this morning's inflation report (CPI) which is scheduled for release 1 hour before the market opens. Economists expect the year-over-year CPI level to dip to 8% from 8.5%. As a result, we ae seeing lower bond yields this morning. The Iran Nuclear talks appear to be at an impasse and President Biden signed an executive order creating a National Biotechnology and Biomanufacturing Initiative to ensure that critical biotechnologies invented in the U.S. are developed and manufactured in the U.S.
S&P Futures are slightly higher this morning as traders look ahead to inflation reading due out tomorrow morning. Bond yields are slightly lower this morning and oil prices have reversed course and are now trading higher on the day. ORCL is scheduled to release earnings today after the close.
S&P Futures are displaying strong gains this morning and sentiment is positive. Inflation data out of China came in significantly lower than expected. Markets have absorbed two days of hawkish speeches from Fed officials, as well as 75-basis point rate hikes from the ECB. Next week CPI release should continue to indicate a weakening inflation picture which may make it difficult for the Fed to increase rates by 75 basis points later this month. Oil has started to claw back some of its recent losses and Treasury yields are flat to lower this morning.
S&P Futures are slightly higher this morning ahead of the ECB decision on monetary policy and comments from Fed Chair Jerome Powell. A rate hike from the ECB is widely expected. Powell will be taking part in a moderated discussion on monetary policy with a question and answer segment to follow. Oil prices continue to trade lower in the pre-market as new COVID-related lockdowns in China and expectations of interest rate hikes by major central banks weighed on prices. The key economic report today is the Jobless Claims report due out 1 hour before the markets open.
S&P Futures are slightly higher this morning as the market awaits comments from multiple fed officials today. The key economic event today is the release of the Fed's Beige Book will add color to the state of the U.S. economy, by district and sector, as traders veer towards a third straight 75-basis point rise on September 21. The ECB meets tomorrow and is expected to lift interest rates. Apple is holding an event today where they are expected to release the iPhone 14.
S&P Futures are trading higher this morning. Energy stocks remain in focus after OPEC issues a 100k bpd production decrease. Oil futures are moving lower as OPEC's production cut is having little impact on the global supply, OPEC nations are unable to meet their current production quotas. Treasury yields are higher. Fed Chair Jerome Powell is scheduled to speak on Thursday.
S&P Futures are slightly lower ahead of this morning's key Non-Farms Payrolls report which is due out 1 hour before the market opens. Earnings reports were positive for AVGO & LULU and both stocks are showing strong gains. Oil is trading higher this morning as traders await word from the G7 on possible Russian oil price caps. There is an OPEC+ meeting scheduled for Monday. Markets are closed on Monday for Labor day.
S&P Futures are lower and bond yields are rising as the market works through headlines of additional lockdowns in China and interest rate comments from Fed officials. The Dollar remains strong which is keeping oil prices weak. Oil is trading lower this morning. There is an ECB meeting next week and a rate increase is likely.
S&P Futures are slightly higher this morning, overnight there was some weakness but the markets appear ready to inch higher ahead of the 3 employment reports due out over the next 3 days. Oil futures are trading lower this morning, down more than 3% in the pre-market. Bond yields are higher as traders increased bets that central banks will continue to hike borrowing costs to battle inflation. Fed speak is active today as 3 Fed bank presidents are scheduled to speak.
S&P Futures are trading higher this morning. Aug CPI figures are expected to show a drop in inflation when the figures are released next month. This morning report on Consumer Confidence will likely be positive and will likely help to turn the market positive today. Seeing positive action in Banks, Brokers, and Tech stocks this morning. Oil is slipping after a big move higher yesterday.
S&P Futures are trading lower this morning and remain unsettled by the Federal Reserves' resolves to keep fighting inflation even if it causes some economic pain. Global indices have turned bearish. Oil continues to push higher as OPEC comments on production cuts are bullish for oil prices. This afternoon Fed Vice Chair Lael Brainard will be speaking.
S&P Futures are trading lower this morning as the market awaits comment from Fed Chair Jerome Powell this morning. The dollar edged higher in Europe and is likely to extend gains as long as Powell continues to point to further rate increases in his Jackson Hole speech. Treasury bonds are moving higher with the 10-year climbing to 3.072 and oil prices are trading 1.50% higher this morning as demand is starting to improve.
S&P Futures are trading higher this morning. A stimulus package out of China is helping to lift sentiment. Oil is higher as the Iran nuclear deal continues to drag on without a resolution. Auto's, banks, brokerage, energy, and tech sectors are showing gains in the pre-market. Bond yields are lower ahead of Powell's speech tomorrow. After the close today watch for earnings reports from AFRM, ULTA, DELL, WDAY, MRVL & VMW.
S&P Futures are slightly lower this morning ahead of some important economic releases today. Traders remain cautious ahead of Fed Chairman Jerome Powell's speech on Friday. Oil prices continue to move higher, Treasury yields are slightly lower and the dollar is steady this morning. After the close today, there are a host of key companies scheduled to release earnings this afternoon.
S&P Futures are slightly higher this morning and appear to be on track to make up some lost ground after Monday move lower. There are a host of economic announcements today including New Home Sales for July; Flash Manufacturing PMI for August; Flash Services PMI for August; Richmond Fed Business Activity Survey for August. Oil prices are higher and after the bell we have earnings from LZB, URBN, JWN, PYCR, TOL, AAP and INTU.
S&P Futures are trading lower this morning as recession news is creating volatility this morning. Market volumes are light, which is normal for this time of the year. Recent Fed speak alluding to additional rate hikes and comments from an ECB official talking about European inflation hitting 10% this fall has the markets on edge. There are a host of key economic reports later this week, Plus the Jackson Hole meeting where Fed Chair Jerome Powell will be speaking.
S&P are trading lower this morning as the S&P 500 is attempting to hang onto a winning week for what would be a fifth straight week in the green. Concerns of the Fed and rising interest rates are taking over market sentiment. Shares of BBBY slide after their biggest investor sells entire stake. Oil prices are seeing some weakness this morning as well.
S&P Futures are trading slightly higher this morning as the market continues to digest yesterday Fed Meeting Minutes release. Shares of CSCO are trading 5% higher after announcing earning last night. In the day ahead we have a number of important economic reports being released this morning. Oil is trading higher this morning and the European exchanges are mainly positive.
S&P Futures are trading lower this morning as the markets await the Retail Sales report for July, earnings from some major retailers and minutes from the Federal Reserve's July meeting. LOW is trading higher while TGT is trading lower after earnings announcements this morning. While the FOMC meeting minutes will be widely read, there remains a month of fresh economic data prior to the next FOMC meeting.
S&P Futures are trading lower this morning as the market reacts to earnings from Home Deport and await results from Walmart. Oil is trading lower as the potential breakthrough on Iranian talks would lead to additional supply. The yield curve remains inverted with the 10-year bond yield at 2.806%, while the 2-year yield reached 3.218%. Later this morning we have the July housing starts and permits data and the industrial production figures for July. Tomorrow we have the release of the Fed's July FOMC meeting.
S&P Futures are trading lower this morning as the market grows concerned over the weakening economic outlook in China. Data showed the world's second-biggest economy faltering, with retail sales, investment, and industrial output all slowing and missing forecasts. Oil prices are tumbling which bond yields.
S&P Futures are trading higher this morning as more signs emerged that inflation in the U.S. has been cooling. Oil prices have reversed direction this morning and are now trading lower. OPEC cut its's oil demand forecasts. The EU is proposing concessions to Iran to revive the nuclear deal.
S&P Futures are trading higher this morning ahead of today's Jobless Claims report. The market sentiment remains bullish due to yesterday's positive CPI report. Walt Disney delivered an earning beat last night and the stock is trading over 8% higher this morning. European market are flat to lower while Oil is trading slightly higher.
S&P Futures still trading higher this morning following today's CPI release. The July reading came in at 8.5% year over year vs. the expected 8.7%. TSLA CEO sold 6.9b worth of stock due to the TWTR lawsuit. Disney is scheduled to release earnings after the close. Oil is down over 1% in the pre-market. Bond yields continue to fall with the 10-year to the 2-year spread of minus 46 basis points.
S&P Futures are trading lower this morning. Blue chips are mostly positive however weakness in the FANG & Semiconductor stocks is causing the S&P's to move from green to red. The market is cautious ahead of tomorrow's CPI release which is a key metric used by the Fed in determining monetary policy. The dollar is down and oil prices are also lower. Treasury yields are edging higher. Europe stocks are sluggish.
S&P Futures are trading higher this morning. Positive sentiment is seen this morning as the Senate approves big healthcare, climate, and tax packages, M&A activity, and weakening oil prices. The antitrust bill targeting big tech is unlikely to come to a vote before the Senate goes on break. Economic data this week is extremely light, Wednesday's CPI report is the key report and is expected to show an increase of 8.7% year over year down from July's report for June which came in at 9.1% year over year. Walt Disney will be releasing earnings on Wednesday.
S&P Futures are lower this morning even after a better-than-expected jobs report. Employment figures are closely watched for clues about the impacts of the Federal Reserve's interest-rate rises on the broader economy. Economists estimate that employers added jobs at a robust pace in July, but fewer than in June, adding to signs of slowing economic growth. While the jobs report could also impact the size and pace of Fed interest-rate increases going forward, it is a lagging indicator. Oil has reversed earlier gains and is now trading lower.
S&P Futures are trading flat to higher this morning as the market reacts to the latest earning reports. Earning results coupled with signs that some drivers of the recent inflation surge are easing, are helping to drive equity prices higher. Jobs data is in focus today with the weekly jobless claims being released today and the non-farms payroll numbers due out tomorrow.
S&P Futures are trading higher this morning. This morning we have a decision on interest rates from the Bank of Egland and an OPEC meeting that the markets will be paying attention to. Fed officials that spoke yesterday indicated that interest rates are likely to continue to move higher at the coming meetings. Heavy day for earning announcements with over 450 companies scheduled to report today.
S&P Futures are moving lower this morning. China-US tensions are heightened due to Speak Pelosi's planned visit to Taiwan despite stern warnings from China. Earnings reports are coming n mixed this morning. Oil is moving lower ahead of tomorrow's OPEC meeting and European/Asian markets are mainly lower this morning.
S&P Futures are slightly lower this morning. Markets in Europe and Asia are higher, Oil is weakening on Chinese demand concerns. Fed Funds futures are showing a 21.5% probability that the Fed will raise its key interest rate to a range between 3.5% and 3.75% or higher by the end of the year, down from 45.7% a week ago. Boeing is up over 4% this morning as the company is resuming production of its 787 Dreamliner. Later today we have earnings announcements from CNA, CHKP, J, ON, GPN, BCC, RMBS, OTTR, CAR, PINS, MOSANET and more.
S&P Futures are higher this morning as the market reacts to positive earnings reports from AAPL, AMZN CVX & XOM. INTC. This morning, before the market opens there is the Personal Income and Outlays report being released. The Senate passed the 52B semiconductor bill yesterday. President Biden spoke to China's Xi by phone yesterday. Taiwan remains a source of friction as a result, Speaker Pelosi is likely to cancel her trip. OPEC may not deliver a production increase at next week's OPEC + meeting.
S&P Futures are trading slightly lower this morning. On the economic calendar today we have reports on Jobless Claims and GDP. Earnings reports are due out from MA, HSY, PFE, MRK, HON & AMT in the pre-market and from AAPL, AMZN, & INTC after the bell. The airline sector is active this morning as Spirit Airlines has agreed to merge with Jet Blue. Oil stocks are trading higher as crude oil prices move higher and in anticipation of earnings reports from CVX & XOM tomorrow. Sen Manchin has agreed to back the Affordable Healthcare Act.
S&P Futures are climbing higher this morning ahead of this afternoon's announcement from the Fed on monetary policy. The Fed decision is due at 2 p.m. Eastern, with a press conference from Fed Chair Jerome Powell at 2:30 p.m. Expectations are for a 75 basis point hike, but there's uncertainty on what the Fed's message will be, and whether it lines up a pivot after a string of negative economic surveys from both companies and consumers. The bill to reign in big tech is unlikely to come to a vote according to Senator Schumer. The Senate is expected to vote on a bill to boost U.S. semiconductor production. Oil prices are moving higher on stockpile data from last night.
S&P Futures are trading lower this morning with retail stocks in focus. Yesterday after the close, major retailer Walmart lowered its guidance due to currency issues. This morning Amazon announce a price increase for Prime subscribers in Europe. The calendar is full today with earnings reports due out from MCD, GM, KO, GOOG, and MSFT. Today is also the start of the FOMC meeting with an announcement scheduled for tomorrow. later this morning we have a number of key economic reports to pay attention to. Crude Oil price are pushing higher this morning.
S&P Futures are trading higher this morning at the start of a crucial week for global markets, with investors awaiting the Federal Reserve's latest policy decision and a slew of corporate earnings reports. Traders are monitoring the recent weakness in economic data amid expectations the Fed will inflict more pain on the economy to get inflation under control. Oil prices this morning are trading higer.
S&P Futures are slightly lower again this morning. Social media stocks are in focus this morning as SNAP earnings were a disappointment due to a decrease in AD spending. Advertisers may just be removing ad dollars from SNAP and reallocating them to other social media sites. Oil prices remain on watch as well as next week's FOMC meeting will likely increase the value of the dollar. Next week is a big week for earnings announcements.
S&P Futures are slightly lower this morning as the market start to price in multiple earning reports. Traders are paying attention to the the ECB as they announced interest rate increase of half a percentage point - the first rate hike in 11 years. Oil prices and the dollar are lower as a result. Italian Prime Minister Mario Draghi resigned this morning. TSLA is higher after delivering better than expected earnings. President Biden plans talks with China's Xi Jinping soon, casts doubt on Pelosi's Taiwan trip
S&P Futures after being positive all morning, futures have just gone negative. There are a host of companies scheduled to release their earnings this morning including NTRS, NDAQ, BKR, BIIB, and ABT. After the bell today we will be hearing from SLG, AA, UAL, EFX, LVS, DFS, CSX, CCI, and TSLA. After the opening bell this morning we have economic reports on Existing Home Sales and the official EIA stockpiles report. News reports indicate that mortgage demand has dropped to a 22 year low.
S&P Futures are moving higher this morning as earning season starts becoming more active. This morning JNJ delivered a beat on higher revenue and this afternoon we will be hearing from JBHT, IBKR & NFLX. Housing Starts and Building Permits is due out one hour before the market opens. Weakness is being seen in crude oil this morning. The major European indexes opened down, but are now trading higher.
S&P Futures are moving higher this morning. The yield curve remains inverted, but the market is more optimistic on the outlook after comments from Fed officials indicating a rate hike 75 basis points and not 100 should be expected at next week's meeting. We have a number of key earnings reports this morning including BAC & GS, IBM is scheduled to release after the bell. BAC missed by 5 cents. Oil is tra
S&P Futures are pointing towards a higher opening this morning as the market prepares for a flood of economic releases and bank earnings. Concerns about the Fed raising rates a full percentage point have dampened as Fed officials that spoke yesterday remained focused on a 75 basis point increase which is what the market has been expecting. Elliott Mgmt is said to have taken a position in Pinterest. Bank earnings are coming in lower than expected. Oil is trading 2% higher an European exchanges are trading higher this morning.
S&P Futures are trading lower this morning as the market prepares for this morning's economic releases. JP Morgan delivered an earnings miss this morning as 2Q profit fell by 28%. Morgan Stanley is also expected to release earnings this morning. Bond yields are on the rise as recent talk of a possible 1% hike in rates is causing weakness in equities. Oil is trading lower ahead of Biden's meeting tomorrow with Saudi Arabia, the meeting is unlikely to result in a significant increase in their oil production.
S&P Futures have been displaying a slight gain all morning long. The key catalyst for today is this morning's CPI release due out 1 hour before the market opens. Oil is slightly higher this morning after a dropping 7% yesterday. One hour after the opening bell, the EIA will release the official stockpiles report. Earnings season is getting underway, tomorrow we will have earnings reports from JPM, MS, CAG, TSM and others.
S&P Futures are lower this morning as economic conditions are weighing on traders' minds. Tomorrow's CPI release is expected to show another increase in inflation as oil prices were elevated during the month of June. Rising Covid cases in China are likely to cause another round of lockdown and the small business optimism index has called to its lowest level since the start of the pandemic.
S&P Futures are lower this morning with energy and earnings in focus. Oil is falling due to an anticipated drop in Chinese demand as Covid infections have increased. The market is preparing for earning season to start. Traders will be looking to gauge how effective companies have been in dealing with the recent jump in inflation. Elon Musk has ended his proposed take over of Twitter, Twitter is expected to initiate a lawsuit to either force a deal or force Musk to pay a 1B fee for not going thru with the buyout.
S&P Futures are slightly lower this morning as the market is waiting on economic data being released 1 hour before the market opens. Next week is the start of earnings season with reports due out from DAL, MS, TSM, JPM, WFC, C, and more later in the week. In Japan, former Prime Minister Abe was assassinated at a campaign rally. President Biden is scheduled to meet with his advisor today to discuss the removal of Chinese tariffs.
S&P Futures are slightly positive this morning. Multiple sectors are positive this morning including Airlines, Autos, Financials, Oil, and Semiconductors. Oil prices are trading higher after experiencing heavy selling pressure over the last few days. Yesterday's release of the Fed's meeting minutes indicated that FOMC members are in sync that something needs to be done to combat the recent increase in inflation. Treasury yields are higher this morning and the closely watch 2 year 10 year yield curve remains inverted. U.K's Prime Minister Boris Johnson has agreed to resign and is under pressure to leave quickly. Samsung delivered a positive jump in revenue which is having a positive effect on technology stocks this morning.
S&P Futures are modestly weaker this morning as the market awaits the release of the FOMC's meeting minutes early this afternoon. This is a key economic release and traders will be looking for clues on possible monetary policy changes in Sept. Oil has pared back its early morning gains but is still trading fractionally higher this morning. The dollar is holding gains around the strongest levels in decades. European stocks are higher while Asian markets were lower overnight.
S&P Futures are lower this morning but off their early morning lows. Global sentiment is weakening causing futures to slide ahead of a host of economic reports due out this week. Tomorrow afternoon the Fed will be releasing the minutes from the latest FOMC meeting. The expectation is for the minutes to show that the Central Bank is going to continue its course of aggressive rate hikes in the near term. On Friday we have the Monthly nonfarms payroll report being released. Treasury Secretary Janet Yellen held a call this morning with Chinese trade representatives and discussed the state of tariffs on Chinese goods.
S&P Futures remain weak and are trending lower this morning with risks of additional selling pressure. Market headlines continue to focus on inflation and recession which is enhancing a bearish sentiment this morning. European stocks are displaying minor gains and oil is ticking higher. Oil prices are up over 2 percent this morning trading as traders see limited prospects for additional production. The key economic report for today is the ISM Manufacturing index at 10:00 am ET.
S&P Futures remain bearish this morning as the market is preparing for another key economic report this morning. Oil prices have started to pull back from their earlier gains as session fears will deliver a drop in consumption. Crypto stocks are lower as the SEC rejects a key bitcoin ETF. The PCE core price index for May is due out today one hour before the markets open. The PCE is a key guide for the FOMC when making monetary policy decisions.
S&P Futures are trading higher after being lower earlier this morning. The market will be paying attention to the ECB Forum in Portugal today. Fed Chairman Jerome Powell will be speaking and traders will be looking to decipher his speech for indications on the future path of interest rates. Also this morning, one hour before the opening bell we have the GDP report being released. The oil market will likely see some volatility as the EIA will release two weeks' worth of stockpile data today.
S&P Futures are trading higher this morning. News reports that China is loosening its quarantine rules for intl travelers has intl indexes moving higher which is benefitting the S&P's this morning. Key economic reports for today included a report on Intl trade in goods, Consumer Confidence, and possibly the EIA oil stockpiles report from last week which was delayed due to system issues. Financial stocks are trading higher as multiple firms have increased their shareholder payouts after passing the Feds stress test. Energy stocks are higher as word spread that OPEC is reaching a ceiling on its production output.
S&P Futures are higher this morning ahead of this morning's Durable Goods report. Expectations are for a -0.4% dip in the May figures after rising 0.5% in April. Futures have been weakening over the past hour, but remain positive. News reports indicated that Russia has defaulted on its foreign currency sovereign debt. The week ahead holds a wave of economic data and meetings, including an event on Wednesday with Jerome Powell and the heads of the European Union and U.K. central banks. The personal consumption expenditures index on Thursday also will be closely watched, considering the PCE measure is the Fed's preferred inflation indicator. There is also an OPEC meeting this week.
S&P Futures are moving higher this morning as bond yields are cooling. The economic spotlight for Friday will be on the final reading of the University of Michigan's consumer sentiment index, part of the reason the Fed opted for a 75 basis point rate hike at its recent meeting, instead of 50 basis points. That data is for release at 10 a.m., along with new home sales for May. Oil prices are higher and Asain and European markets are positive.
S&P Futures are positive this morning in the pre-market as stocks in the technology sector are moving higher. Oil prices remain weak as the CEO's of the major oil companies are headed to the White House for talks on oil prices. Fed Chairman Jerome Powell is scheduled to meet with Congressional leaders today. Also this morning we have the weekly jobless claims report being released. The weekly report from the EIA on oil stockpiles is being delayed due to system problems.
S&P Futures are significantly lower this morning as the market's sentiment turns bearish due to rising inflation & interest rates. Fed Chairman Powell is scheduled to speak today in front of the Senate Committee on Banking, Housing, and Urban Affairs. His comments will be closely watched and he is expected to continue with his hawkish views. We also have a number of speeches today from other Fed members which will likely support Powell in his quest to raise interest rates at all costs in an effort to curb inflation. President Biden is expected today to push lawmakers for a 3 month tax holiday of federal taxes on gasoline. He has also invited the CEOs of the major oil companies to the White House for a discussion on ways to lower oil prices.
S&P Futures are displaying a strong move higher this morning as traders return from a three-day holiday feeling a bit more optimistic. Banking, Tech, and Travel sectors are all displaying solid gains this morning. Markets in Asia and Europe are also higher and Crude oil is up over 1% from Friday's sell-off.
S&P Futures are trading higher this morning as the market continues to adjust pricing based on the Fed's recent rate hike. Fed Chairman Jerome Powell is scheduled to speak this morning as he is providing the opening remarks at a conference today. On the data front we have May's industrial and manufacturing production due at 9:15 a.m., and the May leading index at 10 a.m. The Baker Hughes Rig Count is due at 1 p.m.
S&P Futures are down hard this morning as futures reverse post-Fed rally. Global central banks are now rushing to tighten policy to avert currency risks being created by the stronger dollar. Weakness is being seen n Europe this morning and in Asia overnight. Oil is moving lower as demand prospects and the stronger U.S. dollar. Later this morning we have the weekly Jobless Claims and Import Export reports due out. After the bell, today, watch for earnings from ADBE.
S&P Futures are trading higher this morning ahead of today's FOMC announcement. The ECB has called for an unscheduled meeting today to address bond market disruption. Technology and financial stocks are poised to open higher. Oil is lower as President Biden is said to be considering a new tax on oil companies' profits. Major banks now expect the FOMC to raise rates by 75 basis points.
S&P Futures are trading higher this morning. The FOMC starts its two-day meeting and will be announcing a change to monetary policy tomorrow afternoon. The major banks now believe that a more robust response from the Fed on interest rates is likely. While no Fed official has mentioned a rate hike above 50 basis points in the last month, the major banks are now expecting a 0.75% hike in interest rates to be announced tomorrow afternoon as a result of Friday's hot CPI print. Oracle delivered a strong earnings beat last night. Bank stocks are higher in Europe this morning and oil prices continue to move higher on supply concerns.
S&P Futures are down over 2% in premarket trading. Markets are holding a key support level. Markets are focused on Wednesday's Fed meeting and Powell press conference. Futures could test pandemic lows if the current levels are broken. Oil prices are down over 1% as China initiates new Covid lockdown in its major cities.
BREAKING NEWS: CPI rises 8.6% in May vs. the expected 8.3%. S&P Futures slide as the market digests this morning's CPI release. The yield on the 10-year Treasury is down about 1 basis point to 3.029%, while the 2-year Treasury yield rose about 3.4 basis points to 2.8455%. President Biden is scheduled to deliver remarks on inflation today at 1:45 pm ET. NFLX is off more than 8% this morning after Goldman downgrades the stock to sell. Oil prices are trading higher and Russia cuts its key interest rate back to the prewar level.
S&P Futures turned lower after trading higher this morning. China is said to be issuing another lockdown in parts of Shanghai that could dent oil prices today. Ant Groups IPO appears to be moving forward as Beijing appears less resistant. The key economic reports today are the ECB announcement at 7:45 am ET and Jobless Claims one hour before the market opens. Vail Resorts and Docusign are set to release earnings today after the bell.
S&P Futures are lower this morning as sentiment remains fragile. At issue is whether the economy can skirt a recession as it faces rising interest rates and inflation. A key inflationary report, the consumer-price index data is due Friday and is expected to show inflation in the U.S. held steady at 8.3% in May. Oil extended its gains in Europe ahead of data from the DOE that is expected to show another sharp drop in U.S. crude inventories. Treasury Secretary Janet Yellen warned yesterday that inflation in the U.S. would likely remain elevated for some time.
S&P Futures are lower this morning as inflation and interest rates remain key topics for the market this morning. Treasury Secretary Janet Yellen is to appear before the Senate Finance Committee today. In merger news, KSS is said to be in exclusive talks with Franchise Group for a deal at $60 a share. Elon Musk continues to display indications that he does not want to move forward with his takeover of TWTR. There is a Congressional hearing today at 10:00 am on Cybersecurity and Risk Management.
S&P Futures are moving higher this morning. The Biden administration appears likely to lift some tariffs on Chinese goods. According to news reports, Covid-19 cases in China are falling and business is returning back to normal. In the U.K. PM Johnston is facing a confidence vote today. Oil prices are ticking higher as demand remains strong.
S&P Futures are moving lower this morning. Key economic data report due out this morning is the Non-Farm Payrolls which is expected to show that U.S. employers likely added jobs at a healthy clip in May, though they estimate the pace of hiring slowed from the month prior as companies confronted a tight labor market and rising economic uncertainty. TSLA announced that they will be cutting their workforce by 10%. The strong dollar is causing tech firms to review their earnings guidance.
S&P Futures are displaying solid gains this morning ahead of a host of economic data, particularly for manufacturing activity and job openings. Yesterday Beige Book indicated that all twelve Federal Reserve Districts have reported continued economic growth since the prior release. Oil prices are moving lower ahead of a pending announcement from OPEC this morning.
S&P Futures are flat to higher this morning as the market prepares for the start of a new trading month. The Fed plans to start shrinking its balance sheet this month. An initial balance sheet run-off of $47.5 billion per month, and more Fed rate hikes ahead, make a compelling case for the dollar to strengthen. Later this morning, we have reports on Manufacturing and construction spending data.
S&P Futures are moving lower this morning as new inflation indicators have traders reviewing their positions. Oil futures are spiking this morning as the E.U. has agreed in principle to ban most Russian oil imports by the end of the year. Earlier this morning, Germany's inflation reading came in hotter than expected. Later today, President Biden is scheduled to meet with Fed Chairman Jerome Powell today. China is expected to announce additional stimulus measures tomorrow.
S&P Futures are trading modestly higher this morning, due to the recent positive earnings results from various retailers. This morning, the market is preparing for an update on the Federal Reserve's favorite inflation indicator. The core personal consumption expenditure index deflator is in the crosshairs this morning. A weaker number in today's announcement would give a further reason to expect that the Fed's next rate decision will be to pause, rather than increase. Markets are closed on Monday for the Memorial day holiday.
S&P Futures are currently flat to higher. Catalysts today will be the economic data reports on jobless claims and an updated reading of first-quarter gross domestic product. Fed Vice Chair Lael Brainard will be speaking on digital currencies at noon et. There are a host of retailers releasing earing this morning (M, BURL, DLTR, BIDU, DG, BABA). This afternoon watch for earning reports from ADSK, ULTA, VMW, AEO, GPS & COST. Oil prices are pushing higher into the Memorial Day weekend. Shares of Twitter are 55 higher this morning as Musk commits to provide an additional $6.25B in equity financing for the deal.
S&P Futures are flat to lower this morning. The catalysts today are the release of the Fed's meeting minutes due out this afternoon. The minutes are expected to provide traders with additional clarity on the future path of interest rates. Oil is trading higher on tight supply. The yield on the benchmark 10-year Treasury note was down to 2.729% from 2.758% on Tuesday. The U.S. Treasury Department moved to cut off Russia's ability to make payments on its dollar-denominated sovereign debt, putting Russia on a path toward defaulting on its foreign debts this summer and deepening the country's economic isolation after its invasion of Ukraine. This afternoon we have earnings announcements due out from Nvidia, Snowflake, Splunk, Williams Sonoma, Box, and others.
S&P Futures are moving lower as a bearish sentiment returns to the markets. There are two economic data reports due out today (U.S. new-home sales data and gauges of U.S. manufacturing activity). Also, Fed Chairman Jerome Powell is scheduled to speak today. The technology sector is poised to drag the market down this morning. Shares of SNAP ignited the selling pressure after the company issued a negative forecast on its Q2 revenue. SNAP is trading lower this morning by 29% this morning and is weighing on other tech companies that rely on advertising as a revenue stream.
S&P Futures are once again showing green and pointing towards a higher opening in the premarket. Comments from Joe Biden that he was considering reducing tariffs on China and the launch of a new trade deal with 12 Indo-Pacific nations are helping to lift market sentiment. Oil is higher this morning on expectations of near-term demand increases from China and the U.S. Thee are multiple key economic reports plus the release of the Fes' meeting minutes will highlight this week's action. This week, Best Buy, Disks Sporting Goods, William Sonoma, Macy's, Dollar General Corp., Costco Wholesale Corp. and other retailers are slated to release quarterly reports.
S&P Futures are positive and holding onto a gain of over 1% this morning. Indices are recovering some ground this morning after China's central bank cut a key interest rate. Stocks have come under pressure this week from concerns about global growth. Auto and Tech stocks are showing gains in the premarket. Light day for economic reports today, this afternoon there is the Baker Hughes rig count figures being released.
S&P Futures are lower again this morning and pointing to deeper losses for equity prices on growing worries of an economic slowdown. Futures have moved from down 1.4% to down 1% in the past hour. Today's U.S. economic data includes the weekly jobless claims at 8:30 a.m., April's Existing Home Sales, and Leading Index at 10:00 a.m. The ECB's April meeting minutes, due at 7:30 a.m., may well garner some attention given the recent speculation about a July rate increase. Fed's Kashkari will discuss the impact of inflation on low-income households at 4 p.m.
S&P Futures are weakening this morning. Oil stocks remain bullish as demand from China is expected to increase as the lockdown mandates come to an end. Retail stocks are bearish as TGT delivered a miss on earnings due to inflationary issues. Markets will continue to digest Fed Chair Jerome Powell's comments. Also, this morning is the Housing Starts & Building Permits report.
S&P Futures are showing strong gains in the pre-market. The end of the lockdowns in China, positive earnings results from Home Depot and expectations of a positive Retail Sales reading are helping to drive the market higher. The sentiment is positive this morning as markets appear to have overpriced the risk of a recession. This morning we also have the April report on Industrial Production and Capacity Utilization. Later today, Fed Chairman Jerome Powell will be speaking on the economy and taking questions from reports. Walmart missed earnings expectations due to higher costs.
S&P Futures are weaker this morning as data from China fueled more concerns about the state of the global economy. This morning watch for the empire state manufacturing index and the speech by NY Fed bank president John William. Musk's TWTR deal remains on hold due to the high percentage of fake accounts. Mcdonald's has agreed to sell its Russian operations. The retail sector will be in focus this week.
S&P Futures are positive in the premarket. Volatility is likely later this afternoon as the Federal Reserve is expected to deliver the first 50 basis-point interest rate hike since 2000. Key market moving comments are likely to be made by Fed Chief Jerome Powell at his press conference which is scheduled to start at 2:30 pm ET. This morning there are a host of economic reports due out that the will be paying attention to. After the bell today we have earnings from FSLY, SAVE, JAZZ, ETSY, QRVO, GDDY, TWLO, ALB, EBAY, UBER and more.
S&P Futures are higher after pointing lower earlier this morning. The FOMC meeting starts today with an announcement tomorrow afternoon. The market is anticipating a 50 basis point rate increase and guidance on the Fed's plans for balance sheet reduction. Markets are likely to remain weak as we head into tomorrow's announcement. Treasury 10-year yields are now hovering around 3%, levels that we haven't seen since 2018. After the bell today, we have earnings announcements from AMD, ABNB, SBUX, AIG, PRU, MTCH, PAYC, LYFT, CRUS, and others.
S&P Futures turned lower after showing gains this morning. Friday's sell-off closed out the month of March with an 8.8% decline for April. The yield on the benchmark 10-year Treasury note edged up to 2.942% from 2.885% on Friday. The key economic event this week will be the announcement from the FOMC on monetary policy on Wednesday afternoon. Expectations are for a 50 basis point rate hike along with comments on reducing the Fed's balance sheet. This afternoon watch for earnings announcements from RMBS, CHGG, CC, CAR, CLX, MGM, EXPE, NXPI & LOGI.
S&P Futures are moving lower this morning. The move lower is being led by declines in the technology sector after Amazon.com posted its first quarterly loss in seven years. This morning, one hour before the market opens, we have the PCI report being released. The Personal Income and Outlays report is widely followed by the Fed as an inflation measure and next week we have an FOMC meeting where they will be discussing a rate increase and balance sheet reduction. Oil is higher as Germany is now on board with banning Russian oil in the EU, all EU countries need to approve this measure for it to be ratified. Stocks in Asia had a strong day as China appears close to releasing a stimulus program.
S&P Futures are displaying strong gains this morning. FB delivered a strong eps beat last night, creating bullish momentum in the tech sector. The Bank of Japan reinforces it's low rate policy and this morning GDP release are key factors for the market today. DJ Industrials are all green in the pre market with the exception of AMGN as the IRS is seeking $7.1B in back taxes related to its operations in Puerto Rico.
S&P Futures are showing strong gains this morning suggesting that the major equity indexes could regain some ground after the steep, tech-led selloff in the previous session. Markets in Asia rallied due to a stimulus announcement in China. Markets continued to digest recent earnings reports and weighed concerns about inflation. This afternoon we will have results from FB, QCOM, AMGN, PYPL, F, LVS, PINS, HTZ, and others. In commodities action, there is a price spike in natural gas prices as Russia halted the flow to Poland and Bulgaria as Russia is demanding payment in rubles rather than in dollars or euros.
S&P Futures are moving lower this morning ahead of the opening bell. There's a wave of earnings reports from major technology and blue-chip firms as traders contended with fears about slowing growth and exposure to Russia. Today's schedule including 3M (MMM), General Electric (GE), and after the close, General Motors (GM), Microsoft (MSFT) and Alphabet (GOOGL). The U.S. economics calendar includes durable-goods orders, consumer confidence and new-home sales. A survey from Morning Consult showed consumer spending across most categories fell in March due to rising prices. Lockdowns in China are may expand to Beijing.
S&P Futures are continuing to weaken as the market remains highly concerned about the expected tightening policies from the Federal Reserve. Oil prices are off 4.5% this morning due to demand concerns out of China. Chinese covid cases continue to increase and lockdowns remain in effect. Corporate earnings will be in focus this week with 179 of the S&P500 companies set to report this week. TWTR is reconsidering Elon Musk's offer and a deal could be announced this week.
S&P Futures are lower this morning as the markets are digesting weakness in European and Asain markets. The cause for the weakness was Fed Chairman Jerome Powell's clear signal that a 50 basis point rate hike is to be expected when the FOMC meets in May. As a result, the dollar is strengthening and oil is weakening. American Express delivered a 25 cent EPS beat on higher revenue. Verzion has yet to release this morning.
S&P Futures are on the rise this morning as positive earnings reports are helping to push futures higher. Fed Chair Jerome Powell is scheduled to speak today and will likely reinforce his recent comments about a 50 basis point increase in interest rates at the May FOMC meeting. Yields on benchmark 10-year Treasury notes ticked up to 2.857%, from 2.836%
S&P Futures have reversed course and are now trading higher this morning. Earnings, Economic Reports, and War in Ukraine are the top market-moving headlines this morning. Netflix's earnings announcement on expected subscriber figures is crushing the stock this morning and is causing weakness in the streaming vertical. This morning we have some key economic reports being released including Existing Home Sales, EIA oil stockpiles report, and the Fed's Beige Book being released. European markets and oil prices are trending higher.
S&P Futures are lower this morning as Russia's offensive on the eastern front is weighing on the markets this morning. earnings announcements will be the key catalysts for today. This afternoon we will be hearing from IBKR, IBM & NFLX. This morning, JNJ's FY22 guidance came in weaker than expected. Later today, Housing Starts for March are scheduled for release. Late yesterday, it was reported that Apollo Global is considering joining Musk's bid to take TWTR private. Apollo could make a bid itself or join Musk in his efforts.
S&P Futures are lower this morning with bond yields on the rise as traders braced for a big week of earnings. More than 100 companies are slated to report this week-and those results will help the market get a better read on what so far has been a mixed earnings season. Markets remain concerned about rising inflation and how that may weigh on the economy, as the Federal Reserve struggles to keep a lid on rising prices.TWTR shares are on the rise after their board announced a poison Pill to restrict Musk's plans.
S&P Futures are flat to higher this morning ahead of a host of key economic reports due out 1 hour before the market opens. Elon Mush has made an offer to take control of Twitter at 54.20 per share. PNC, TSM, and UNH have all released positive earnings reports this morning. Futures remain little changed as traders are waiting on releases from the big banks.
S&P Futures are trading higher this morning as the market prepares for earning season to start. JPMorgan, BlackRock, Delta Air Lines, and Bed Bath & Beyond are slated to report this morning ahead of the opening bell. This morning we also have reports due for the Producer Price Index for March and the EIA oil stockpiles. European markets are cautious as Putin declares that peace talks are at a dead end. Defense contractors are meeting with the Pentagon to discuss Ukraine aid and President Biden is expected to announce a 750m package for military supplies for Ukraine today.
S&P Futures are flat to fractionally higher this morning as futures just upticked into positive territory. The market is waiting on this morning's March CPI release due out 1 hour before the market opens. Bank stocks are weak in Europe as a major investor recently sold their position. Auto's, FANG, and Semiconductor stocks are training slightly higher this morning in the premarket. Fed Gov Brainard is scheduled to be speaking mid-day today.
S&P Futures are seeing some weakness this morning ahead of tomorrow's inflation reading and the start of the Q1 earnings season. Political uncertainty in Europe and economic risks stemming from China's shutdowns were adding to traders' nerves. Technology stocks are likely to decline today due to China's Covid issues and rising bond yields. Oil futures are off 2% this morning and Treasury yields continue to uptick.
S&P Futures are trading higher this morning, yesterday afternoons market turn around help to lift Asain and Europen markets to gains. Markets remain cautious on inflation news and the Russian Ukraine conflict. Earnings season begins next week with results coming in from the major airlines and banks.
S&P Futures are edging higher this morning. The key economic event today will be the Jobless Claims report that is due out one hour before the market opens. St. Louis Fed Bullard is jumping to be the first Fed official in front of a microphone after yesterday's release of the meeting minutes. He is expected to be extremely hawkish in his comments. Walmart-backed Flipkart is planning a U.S. initial public offering in 2023 instead of 2022 and has increased its IPO valuation. Berkshire Hathaway disclosed a stake in HPQ.
S&P Futures are weakening this morning in anticipation of the release of the Fed's meeting minutes. Yields have continued to climb as traders started to prepare for a swift reduction in the Fed's balance sheet as inflation pressures continue to rise. The war in Europe and record Covid-19 cases in China are adding to this morning's weakness. The energy market is waiting on the EU to announce their new round of Russian sanctions.
S&P Futures are lower this morning. as the market continues to focus on the Russian Ukraine conflict. Today the market is expecting an announcement on new EU sanctions on Russia due to allegations of war crimes. Today we can the ISM report on Business Services (PMI) for March. Tomorrow the Fed will be releasing the meeting minutes from the last FOMC meeting. This morning we are seeing positive activity in Carnival after the company reported its buiest week of bookings ever. In Europe, autos and financial stocks are weak.
S&P Futures are slightly higher this morning. Additional sanction on Russia are likely to be announced this week as a result of purported Russian atrocities in Ukraine. Tech stocks seeing some gains this morning as China proposed rule change are likely to allow the country's internet companies to keep their ADR listings. Elon Must has taken a 9.2% stake in TWTR.
S&P Futures are displaying solid gains this morning ahead of today's non farm payrolls report. Multiple catalysts are helping to push the market higher today. Oil prices have weakened significantly, China is open to being more accommodating towards allowing financial audits of U.S. listed stocks, and Russia is unable for force firms to countries to pay for energy in rubles.
S&P Futures are off this morning indicating a lower opening. Before the bell today there is the PCI inflation report set to be released and it is expected to display that Inflation remains hot. Oil is moving lower by more than 6% this morning. There are reports that the Biden administration is preparing to make an announcement about a release of oil from the strategic reserve. We are also awaiting an announcement from OPEC this morning and we have the weekly job report due out before the bell this morning.
S&P Futures are indicating a lower opening this morning. Yesterday's optimism that Russia would start to scale down its aggressive action in Ukraine has started to fade. Markets are starting to focus on bond yields and tomorrow's report on inflation. The key economic reports for today are the ADP employment & GDP reports. Markets could turn if Russia starts to end its hostilities.
S&P Futures are continuing to push higher this morning. Ukraine Russia peace talks happening today in Turkey have created positive sentiment for the markets and are lifting the European market higher this morning. Oil prices continue to slip due to demand concerns as a result of the lockdown in Shanghai. The Justice Department on Monday endorsed legislation forbidding large digital platforms from favoring their own products and services over competitors', marking the Biden administration's first full-throated support of the antitrust measure. Economic data due out today include reports on Consumer Confidence and the JOLTs index. Tomorrow's GDP report and Thursday's PCI report will likely create market volatility.
S&P Futures are flat this morning drifting between gains & losses. European markets are showing gains based on lingering hopes of progress in Ukraine peace talks. Oil is 3% lower as China initiates a lockdown of half of Shanghai due to a covid outbreak. Bond yields are trading at three years highs as the Fed is preparing the market for multiple interest-rate increases this year. A wave of economic data is due out this week, including the personal consumption expenditures (PCE) price index. President Biden is preparing to announce a proposed minimum tax on households worth 100m.
S&P Futures had been trading lower all morning, but have recently turned positive trading indicating a higher opening today. The U.S agrees to a distribution deal with the E.U. for natural gas. Oil futures are lower by more than 2% and the Fed continues to suggest that they will be able to hike interest rates without causing a recession. Data for Friday includes the University of Michigan's gauge of consumer sentiment for March and pending home sales for February, both due at 10 a.m. Also, investors will hear from New York Fed President John Williams, San Francisco Fed President Mary Daly, Richmond Fed President Tom Barkin and Fed Gov. Christopher Waller.
S&P Futures are trading higher this morning ahead of a slew of economic reports being released today. NATO discussions are being watched closely as any headline can cause volatility in the markets. Russia's markets partially reopened for the first time in weeks with solid gains, although short selling has been banned and foreign investors are not allowed to sell any positions. Oil ticked higher in Europe, caught between supply fears and the prospect of an Iran deal.
S&P Futures are moving lower this morning A sharp rally in U.S. government bond yields slowed, with the yield on the 10-year U.S. Treasury note hovering around 2.375% in recent trading, unchanged from the day before. Fed Chair Jerome Powell is scheduled to speak this morning at 8:00 am est and will likely continue his hawkish tone. There is a Senate hearing today that will be attended by the CEO's major U.S. chip manufacturers starting at 10:00 am. President Biden is scheduled to arrive in Europe today for talks with NATO allies on the Ukraine conflict.
S&P Futures are moving higher this morning as the S&P futures have been displaying positive gains all morning. S&P feels that the U.S. economic outlook for 2022 is likely to remain solid due to an improvement in the public health situation even as the Ukraine war clouds the horizon, saying the conflict is set to shave 0.7% from GDP growth this year, with the economy set to expand 3.2%. The key economic event today will be NY Fed Bank President John Williams's speech at 10:30 am this morning. This afternoon ADBE will be releasing its quarterly earnings results.
S&P Futures are moving lower this morning as the Ukraine conflict remains the key focus of the markets today. Oil prices are spiking higher as a potential EU ban on Russian oil imports appears likely to be announced this week. A BA plane crashed in China causing shares of BA to slide this morning. Markets will be paying attention to speeches today from Fed Chair Jerome Powell and the ECB President Lagarde.
S&P Futures are moving lower this morning amid worries over the continued Russia-Ukraine war and rising oil prices. There have been mixed messages on the status of diplomatic talks, as Putin feels that Ukraine is trying to stall talks. President Biden will be speaking with China's Xi Jinping to discuss the Russia Ukraine conflict. Later this morning we have the Existing Home Sales report due out 30 mins after the markets open and today is a triple witching day and heavy volumes are expected.
S&P Futures are trading slightly lower this morning giving back some of yesterday's gains. This morning the market will continue to digest the latest announcement from the Fed and it will have a host of economic reports to decipher. Housing Starts for February; Weekly Jobless Claims; Industrial Production for February are all due out this morning before the bell. The Bank of England will be releasing an update to its monetary policy later this morning. After the bell today we have earnings reports due out from Federal Express and Gamestop.
S&P Futures are trading slightly higher this morning with multiple catalysts ahead. Today 2:00 pm FOMC announcement followed by Fed Chair Powell's press conference is like to create volatility this afternoon. In the pre-market watch for the Feb Retail Sale Reports, one hour after the market opens the EIA will be releasing their weekly oil stockpiles report. This morning spike higher is a reaction to Chinese officials indicating that they would introduce market-friendly policies and keep the capital market running smoothly. Also, there are some positive indications from Russia as they mentioned that parts of a Ukraine compromise deal are close.
S&P Futures are trading slightly higher this morning, but the markets are dealing with multiple negative catalysts this morning. Rising Covid-19 cases in China, coupled with worries over the Ukraine war and a possible interest-rate increase by the Federal Reserve this week all have the potential to disrupt the markets today. Oil prices tumbled below $100 a barrel to levels not seen since before the Russian invasion of Ukraine three weeks ago, as investors reassessed the huge run-up in prices seen in recent weeks. Major airlines are reporting positive data this morning from an industry conference.
S&P Futures are displaying a move higher this morning in hopes of a ceasefire between Russia & Ukraine. Oil futures are lower by more than 3% as global demand may be weakening due to a Covid outbreak in China. The FOMC announcement on Wednesday will clearly be the economic data highlight of the week. Geopolitical events in Russia and China's surging Covid rates may cause the Fed to display a more dovish tone on Wednesday as the Powell-led Fed wants to become more nimble. Gitlab Inc. and Vail Resorts Inc. are among the companies reporting earnings today.
S&P Futures are displaying a strong move higher this morning as Russian President Vladimir Putin said Friday that he had seen some progress in negotiations with Ukraine, as the Russian invasion of that country stretches beyond two weeks.
S&P Futures are trading lower and European markets are selling off this morning as the Ukraine Russia talks ended without a cease-fire agreement. This morning we have an ECB announcement on monetary policy and two important economic reports, Jobless claims and the CPI. The CPI report will be watched vary closes and expectations are for another hot reading. After the close yesterday, AMZN announced plans for a 20-1 stock split along with a 10b stock buyback.
S&P Futures are trading higher this morning ahead of a key Ukraine Russia meeting scheduled for tomorrow in Turkey. Ukraine's president told a media outlet that he is no longer pressing for NATO membership, which was one of the key reasons for the Russian invasion. President Joe Biden is set to sign an executive order that will direct the federal government to come up with a plan to regulate cryptocurrencies. Today's economics calendar includes a release on job openings and the official oil stockpiles report from the EIA.
S&P Futures turned to trade lower this morning as bond yields and oil prices move higher. The recent price action in commodities has increased the prospected of slower global growth which is causing central banks to reconsider increasing interest rates. Earlier today China's president join a call with the leaders of France and Germany and called for "maximum Restraint" in the Russia Ukraine conflict. He went on to say that the three countries should jointly support please talks. Before the bell today, the key economic report being released is International Trade in Goods and Services.
S&P Futures are continuing to push lower this morning. U.S. futures are following global equity indexes lower as Russian forces have intensified strikes across Ukraine. News reports of a possible ban on imports of Russian oil has caused energy and minerals stocks to soar this morning. BBBY's major investor has sent a letter to the board seeking strategic alternatives. European indexes have bounced off their earlier lows but remain weak.
S&P Futures are continuing to push lower this morning as the conflict in Eastern Europe remains volatile. Overnight Russian shelling caused a fire at Europe's largest nuclear power plant. Media reports that the fire has been contained, but Russia's continued march through Ukraine is keeping the markets on alert. This morning we have the monthly Non-Farms payroll report being released 1 hour before the market opens.
S&P Futures are edging higher this morning while crude oil prices continue to surge as refiners balked at buying Russian oil. Russia’s foreign minister said that talks would resume with Ukraine today even as his country’s forces press ahead with their offensive. This morning on the economic calendar we have Jobless Claims, the Q4 revised non-farm productivity and unit labor costs, and the final services PMI for February. Powell will be speaking in front of the Senate Banking Committee today. Yesterday, Powell said he would propose a quarter-percentage point rate increase at the central bank's meeting in two weeks. Markets remain on edge and is closely monitoring the Russia Ukraine conflict.
BREAKING NEWS: Get notes from the transcript of Federal Reserve Chair Jerome Powell ahead of his testimony today indicating when he expects to raise rates.
S&P Futures are displaying gains this morning. The market is reacting to news that Ukraine and Russia will be meeting later today to negotiate a possible end of hostilities. Jerome Powell will be on Capitol Hill today and will likely stick to his plan of a rate hike later this month. Energy prices continue to surge higher as global organizations are avoiding the delivery of Russian oil. There is an OPEC+ meeting today and they are likely to continue with a production quota increase of 40k bpd. President Joe Biden delivered an optimistic State of the Union speech on Tuesday, saying that America is "stronger today than we were a year ago," even as war rages on in Eastern Europe and concerns about inflation linger domestically. This morning we have the ADP employment report on tap for release. In the afternoon, we have earnings due out from SNOW, SPLK, PSTG, VSCO, CHPT AEO and more.
S&P Futures are lower as fighting intensifies in Ukraine. The geopolitical situation remains fragile as the global market prepares for increases in inflation and rising interest rates. The Fed now appears set for a move of 25 basis points, but we will get clarity on this tomorrow when Fed Chair speaks on Capitol Hill. Oil prices are back over $100 a barrel and a move on releasing oil for strategic reserves around the world gathers support. Key economic reports for today include U.S. Construction Spending for January and the U.S. ISM report on Business Manufacturing for February. Shares of Target are showing solid gains this morning after a positive earnings release.
S&P Futures are falling and oil is rising as the market reacts to this weekend's sanctions announcements on Russia. Russia's central bank opted for an emergency interest-rate hike to combat a collapse in the ruble, more than doubling its benchmark rate to 20%. A Ukraine delegation is in Belarus meeting with Russian negotiations right now, any sign of an easing of hostilities would be positive for the markets. Defense contractors are surging this morning in the premarket as Germany has boosted its defense spending. After the close today, we have earnings reports from HPQ, KFY, SBAC, WDAY & ZM.
S&P Futures rise after trading lower earlier this morning ahead of the markets open. Russian forces have entered Ukraine's capital as the fighting has intensified. Russia has stated that it will not commence with negotiations until Ukraine forces submit to defeat. The EU will formally sign off on sanctions Friday that will cut 70% of Russia's banking system off from international financial markets. Oil prices are moving lower as the sanctions did not include removing Russia from the SWIFT network. There are a host of economic reports set for release this morning & we have positive earning reports out from FL and CRI.
S&P Futures are down 2% ahead of the markets open. Global equities are trading sharply lower this morning after Russia invaded Ukraine. Crude oil has moved higher by 8% as the markets await word on the new sanctions against Russia. Russian equities markets dropped over 30% today as the coming sanctions may cripple their economy. Bond yields are dropping as traders move capital into safe-haven asset classes.
S&P Futures are displaying gains ahead of today's opening bell. Futures are off their earlier highs but remain positive. Markets are attempting to price in the sanctions news which does not appear to be as harch as anticipated. Oil is moving lower and tech stocks are showing gains. There ae no significant economic announcements this morning, but the news related to Russian aggression will remain a topic of discussion this week.
S&P Futures pushed lower overnight night but has recovered some of those losses this morning. The key catalyst for today is Putin's move to recognize the separatist areas of the Ukraine and to announce that he will be moving in troops to these areas. As a result, Germany has halted the approval process of the Nord Stream 2 pipeline. there are multiple economic reports this morning and this afternoon we have earnings reports due out from BCC, TOL, TDOC, RNG, A & PANW.
S&P Futures are trading higher but remain cautious after yesterday's sell-off. This key economic report due out today is the Existing Home Sales report which is expected to show a slight drop from the December report. Markets remain concerned about the prospect of a Russian invasion of Ukraine, Diplomates from the U.S and Russia are scheduled to meet next week. President Putin has indicated that the build-up are exercises that are scheduled to end on 2/20. Yields on 10-year US Treasuries dropped below 2% and oil futures are trading lower.
S&P Futures are trading lower in the pre-market. This morning we have a host of economic indicators set for release including Jobless Claims & Housing Starts. Markets continue to display a bearish sentiment as Russia continues to keep its troops on the Ukraine border in an aggressive position. Oil prices are weakening as the talks on Iran Nuclear Accords are about to end.
S&P Futures are slightly lower after yesterdays strong move higher. The main catalyst for today will likely be the release of the Fed's meeting minutes this afternoon. Tensions between Russia and Ukraine may have lessened, but there are few indications that a drawdown in troops has begun. This morning the market will digest a host of economic reports including one on Retail Sales, Industrial Production, and the EIA oil stockpile report. This Afternoon we have earnings reports due out from AMAT, CSCO, DASH, and NVDA.
S&P Futures are displaying a solid move higher this morning. The move higher is based on comments from Russia's Defense Ministry who said some troops on the Ukrainian border were returning to their bases after completing training. The news pushed the U.S. & European indices higher and oil prices lower as expected. Before the bell, watch for the release of the Producer Price Index, which covers prices that suppliers charge businesses, it could offer some insights into inflation. Last month's figures showed price rises cooling, a sign that supply-chain bottlenecks may be easing. In deal news, Intel is buying Tower Semiconductor for $53.00 per share.
S&P Futures are moving lower this morning. Bond yields and stock futures fell on the possibility of an imminent war in Europe after weekend diplomacy between Western leaders and Russian President Vladimir Putin failed to yield a breakthrough. There is a media report suggesting that the CIA intercepted a message intended for Russian Generals to begin its invasion of Ukraine on Wednesday, Feb. 16. The threat of a Russian invasion of Ukraine is shaking up a fragile global oil market, pushing prices higher. In deal news, Lockheed Martin scraps to buy out Aerojet & Cisco is said to be looking to buy Splunk for $20B.
S&P Futures are moving lower this morning as bond yields rise. The volatility is being driven by yesterday's higher than expected CPI print, which has resulted in calls for interest rate increases. Earnings season remains a focus of the markets and Private equity firm Apollo is closing in on $2.3 billion deal to buy Worldline. On the economic calendar is the University of Michigan's February consumer sentiment index at 10:00 a.m. The weekly Baker Hughes North American oil-and-gas rig count posts at 1:00 p.m.
S&P Futures are moving lower this morning ahead of the CPI release. Inflation is like to remind elevated, but the JPM trading desk is said to preparing for a number that is below estimates. Oil prices are back over the $90 level and Walt Disney delivered a very positive earnings report last night.
S&P Futures are moving higher and government bond yields fell following a recent climb, potentially easing some pressure on technology shares. The market continues to be cautious on a number of factors that could affect earnings, including an anticipated increase in interest rates this year, elevated inflation, and supply-chain disruptions. Tensions are lowering between Russia and Ukraine, Oil is showing signs of weakness as U.S. Iran talks remain positive. Positive earnings results are powering the market higher this morning.
S&P Futures have reversed direction and are now trading slightly lower this morning. This morning we will be getting an update on the latest Trade Deficit figures as well as a host of earning reports. Markets have been roiled by volatile trading in recent sessions, prompted in part by expectations of higher rates. The Fed's expected tightening comes against a backdrop of moderating growth and investors have been reassessing which companies are best placed to weather the more challenging outlook - Tech stocks valuation have clearly been reevaluated. Oil prices are trading lower this morning as U.S. Iran talks continue to take small steps forward.
S&P Futures have reversed direction and are now trading slightly higher this morning. There are a number of market catalysts this week. There are a significant number of companies reporting earnings as 83 S&P 500 companies are reporting this week. There is an inflation reading on Thursday with the release of the CPI report. Then there is the Russia Ukraine situation which could cause significant disruption to the oil market if hostilities commence.
S&P Futures have turned negative after displaying gains all morning. The market was given a boost yesterday after the close as earnings reports from AMZN, PINS, and SNAP were positive. The Key economic event today will be the release of the Non-Farms Payroll report. Media reports that President Biden is expected to comment on the report later this morning. The Senate is moving forward with its bill that is aimed at AAPL and GOOG 30% commission on all app sales. The house is expected to pass legislation today that will provide incentives to the Semiconductor industry to bring production back to the U.S.
S&P Futures have been lower all morning. Indexes are likely to stumble today as social media stocks are displaying significant losses after disappointing earnings results from Facebook. The disappointing results from FB is pushing all social media stocks lower. It is a heavy day for economic releases today as the market awaits reports on U.S. Preliminary Productivity & Costs for 4Q, U.S. Factory Orders for December; U.S. Weekly Jobless Claims, and U.S. Markit Services PMI for January. Also, the ECB will be making an announcement on monetary policy. After the bell today earnings reports from AMZN CLX, F, and PINS are scheduled for release.
S&P Futures are trading higher this morning. Last night's earnings news from AMD and GOOG has created a positive sentiment for the day. This morning we have the January ADP national employment report being released. This report is a precursor to Friday's Non-Farm Payrolls report. There is an OPEC meeting today and it is expected that they will agree to another 400 mbpd production increase.
S&P Futures are flat to lower this morning. Stock futures along with Treasury yields are edged lower ahead of today's manufacturing data releases and earnings from big-name companies including Exxon Mobil and Alphabet. AT&T announced plans to spin-off Warner media after closing on the Discovery transaction. Euro markets opened up higher and have continued to gain.
S&P Futures are flat to lower this morning. The recent bout of volatility should start to lessen as the market has had time to digest the recent FOMC statement on monetary policy. This is a big week for earnings announcements with many high-profile companies set to report this week. In the week ahead we have a variety of key economic reports due including the monthly job data on Friday. Citrix Systems is near a deal to be sold for $104 a share to Elliott Management and Vista Equity Partners.
S&P Futures are indicating a lower opening this morning. Apple's and Visa's positive earning results are being negated by the CVX miss on EPS estimates and surging costs at CAT. This morning markets will be paying attention to this morning to the Employment Cost Index release. This is a key inflation reading and one that Fed Chair Jerome Powell has cited. Elevated inflation levels are and this morning drop in European markets are likely to cause weakness in the S&P's this morning.
S&P Futures are indicating a higher opening and the FANG stocks are all trading higher this morning. There are multiple factors at work today. The market continues to be sensitive to yesterday's hawkish comments from the Fed. Tensions remain elevated on the Russian - Ukraine situation. We have a host of key economic readings this morning and after the bell today we have earnings reports due out from AAPL, CE, MDLZ & V.
S&P Futures are showing solid gains this morning ahead of the bell. MSFT delivered a strong eps report and the stock's initial weakness has turned, MSFT is now higher by 5%. The key economic event today will occur at 2:00 p.m. ET when the Fed makes its announcement on monetary policy. Expectations are for the Fed to indicate a 1/4 point increase in interest rates is likely to occur in its next meeting. The next FOMC meeting is in March. A key market-moving item from today's announcement will likely be any comments related to the shrinking of the central banks $8.87 trillion balance sheet.
S&P Futures have continued to move lower all morning long. Today is the start of the two-day FOMC meeting and the market remains volatile due to concerns that the Fed intentions will result in negative implications for the markets. Today we have the Case Shiller Home Price index for November being released as well as earnings reports from a host of major companies. JNJ, RTX & XRX delivered eps beats but missed on revenue estimates.
S&P Futures remain weak this morning and the markets are concerned about earnings being released this week, Russian tensions, and this week's Fed meeting. The retail sector is benefitting from another possible bidder for Kohl's department stores. The Fed meeting is truly going to be this week's catalyst event. Talk of a 50 basis point rate increase, which is causing market volatility is highly unlikely and Powell will likely confirm that in this week's press conference.
S&P Futures are lower this morning in cautious pre-market trading. The market is digesting the weaker opening in Europe and the 20% drop in NFLX this morning. NFLX shares are tumbling due to growth concerns and is creating weakness in the market including the FANG sector this morning. Activity in the 10 year Treasury is muted this morning. Treasury Secretary Janet Yellen will be speaking today.
S&P Futures remain cautious this morning but a higher opening is expected. Key events for today include the release of Jobless Claims and Existing Home sales. Earnings reports scheduled today from AAL, TRV, CSX and NFLX. New reports that President Biden expects that Russia will follow through on an invasion of Ukraine is creating nervousness in the markets this morning. Dow and Nasdaq futures are showing gains this morning.
S&P Futures are moving higher this morning. This morning we have another economic report on housing and plenty of earnings to watch. Bank of America delivered a 6 cent beat on lower revenue this morning. This afternoon, there are earning reports due out from AA, DFS, FUL & UAL. The yield on the 2-year Treasury note, which is more sensitive to Federal Reserve policy expectations, rose another 2 basis points to 1.055%. Oil continues to trade higher as the IEA predicted global oil demand will exceed pre-pandemic levels this year in its monthly report.
BREAKING NEWS on Microsoft's (MSFT) acquistion of Activision (ATVI). S&P Futures are in the red this morning as the yield on the 10-year Treasury rose above 1.83% early today. Technology stocks that are sensitive to changes in interest rates continue to push lower. Many financial companies are slated to post earnings ahead of the market open, most notably Goldman Sachs, plus Bank of New York Mellon, PNC Financial Services, and Charles Schwab. China's President Xi Jinping urged the world's major economies not to rapidly raise interest rates at the virtual Davos summit.
S&P Futures are flat to higher this morning. This morning we have multiple economic and earnings reports due out. JPM & BX both delivered eps beat but missed revenue estimates. Retail stocks will be in play today as we have the report on Retail Sales due out one hour before the markets open. Casino stocks are showing gain due to a law change in Macau. Shares of Covid-19 vaccine makers Novavax and Moderna were down premarket, by 8% and 3.3% respectively.
S&P Futures are flat to higher this morning ahead of two key economic reports. This morning we have the PPI (final demand) and the weekly jobless claims due out one hour before the market opens. The White House is meeting with Tech firms today to discuss software security issues. TSM and DAL reported strong earnings this morning and KBH delivered an RPS beat after the close. According to a news report this morning, BA's 737 Max could resume flights in China as early as this month. BA shares are higher by 2.74% in the pre-market.
S&P Futures are showing gains this morning ahead of this morning's CPI release. Estimates are for a year-over-year increase of 7%. The CPI data is used by the FOMC for determining the path of interest rates. China's CPI data came in lower than expected overnight. Fed Chairman Powell's comments yesterday in front of the Senate Banking Committee were not as hawkish as expected resulting in a positive reaction from the equity markets.
S&P Futures are displaying solid gains this morning after yesterday's bout of volatility. The key catalyst for today will be Fed Chairman Jerome Powell's appearance in front of the Senate Banking Committee this morning. Retail stocks are being hit with multiple price target downgrades this morning as the retail sector is having a difficult time with the Omicron virus.
S&P Futures have reversed course and are now trading lower. The lower opening in Europe is being shown in the S&P's this morning. The market is showing signs of being anxious ahead of the upcoming CPI report. Bond yields rose to 1.795% from 1.769% on Friday. Later this week, the fourth-quarter earnings season kicks off at major U.S. financial firms, with JPMorgan Chase, Citigroup, Wells Fargo, and BlackRock due to file results.
S&P Futures are positive this morning, gains are also being seen in the Dow and NASD futures. Key catalyst today in the Non-Frams Payroll report due out one hour before the market opens. Oil is continuing to climb higher which is boosting the valuation of oil stocks. The yield on the benchmark 10-year Treasury note has steadied, edging down to 1.728%. Next week the Dec CPI data will be released and it is also the start of earnings season.
S&P Futures have turned slightly higher this morning and are now positive. Tech stocks saw their worst pounding in months following the release of minutes from the last Federal Reserve rate-setting meeting which showed even more nervousness toward inflation than traders had expected. This morning's economic calendar is active with reports due out on Jobless claims, International Trade in goods and services, Factory orders and the ISM services index.
S&P Futures have reversed direction and are now trading slightly lower this morning. The market will be paying attention to the ADP employment data report, the December PMI figures along with the EIA's weekly petroleum status report. The release of the Fed's meeting minutes which is scheduled for release this afternoon will be in the spotlight. Hot headlines have shifted away from news on the new variant to news on global central banks to tighten monetary policy as economies recover. China's tech stocks took a hit last night as the Hang Seng Tech index dropped 4.6%. The Automotive sector rally was seen in Asia last night and in Europe this morning.
S&P Futures are pointing to a continuation of the recent rally. New reports that the omicron variant is milder and not anticipated to hit mobility as much as prior variants are positive for the markets. Traders will be keeping a close eye on economic releases today. The ISM Manufacturing index is the key report this morning and tomorrow we have the FOMC meeting minutes. OPEC will also be making an announcement today of their Feburary production quotas.
S&P Futures are pushing higher in the premarket. Contracts for the tech-focused Nasdaq-100 added 0.7% and futures for the Dow Jones Industrial Average rose roughly 0.6%. TSLA reported that annual vehicle deliveries surged 87% in 2021. Oil is trading higher ahead of tomorrow's meeting on production quotas. The November Construction Spending report is due out today, 30 minutes after the market opens. The Omicron virus continues to spread and is likely to diminish Q1 GDP figures.
As we head into the final day of trading in 2021, we give you a brief rundown of what is happening in the markets just before the bell this morning.
S&P Futures are showing gains this morning. This morning we have the jobless claims being released. President Biden is scheduled to speak to Russian President Putin later today in an effort to lower tensions in Europe. Covid infections numbers are climbing fast. However, the market is in its year-end rally mode and is likely to finish in the green today. Dow futures and Nasdaq futures are also trading higher.
S&P Futures are higher and in a tight trading range. The market appears to be indicating that the Omicron variant is unlikely to lead to harsh restrictions on commerce and movement as more information emerges. The market will be paying attention this morning to the pending home sales figures and the EIA oil stockpiles report which are due out this morning. Weakness is being seen in Europe this morning and overnight in Asia. Oil is also trading lower.
S&P Futures are on the move higher this morning. Last week's report indicating that the omicron coronavirus variant is not as deadly as prior strains is a key factor helping stocks to push higher. Asian and European markets are moving higher and crude oil is showing gains this morning.
S&P Futures are green this morning indicating a higher opening. Omicron cases are likely to continue to push higher and the weekly 7-day average is more than 200,000 news cases per day. Airline stocks are weak this morning due to the cancelation of 2000 pre-holiday flights. Healthcare stocks are trading higher in the pre-market.
S&P Futures have been trending higher all morning. The market sentiment remains positive due to economic data releases and increasing realization that the omicron variant symptoms are less incapacitating than Delta and the vaccines offer a high degree of protection. European and Asian markets are higher, oil is slightly off this morning. Trading volumes are slow. This morning, pay attention to the multiple economic reports being released.
S&P Futures are indicating a slightly higher opening today. European indexes are showing gains and Asian markets were mainly higher overnight. Multiple economic reports are due out today including GDP, Consumer Confidence, Existing Homes Sales and the EIA stockpiles report.
S&P Futures are indicating a higher opening today as the futures contracts are up almost 1% this morning. Omicron continues to be the dominant catalyst on traders' minds. European markets are higher and Asian markets displayed strong gains. Oil is trading higher. The market is benefiting from positive earnings reports from NKE & MU. This afternoon we have earnings reports from AIR & CAMP.
S&P Futures are indicating a lower opening today of more than 1 percent. S&P futures have moved off their earlier pre-market lows, but remain firmly in the red. Asian markets dropped, and European markets are sliding lower this morning. Goldman cut its U.S. GDP forecast, and Biden economic agenda appears to be in doubt. This afternoon we have quarterly earnings reports from Micron Technologies and Nike.
S&P Futures are trading lower with tech stocks looking to continue their move lower this morning. FDX delivers a solid earnings report last night. MRK was upgraded to Conviction Buy by Goldman this morning. CDC recommends PFE/MRNA vaccine over JNJ. Asia and European markets are mostly lower this morning. Oil is giving up yesterday's gains.
S&P Futures are showing strong gains this morning as the rally continues. Asia and European markets are higher. Ahead of the opening bell, there are a host of economic reports due out including Jobless Claims, Housing Starts, Indu Production, and the PMI Composite Flash is due out 15 min after the open. The markets are reacting positively towards the FOMC decision to quicken the pace of ending its stimulus program and the expectation of 3 rate hikes in 2022. After the bell today, watch for earnings reports from ADBE and FDX.
S&P Futures are flat to lower this morning. The key economic events today are the release of the November Retail Sales report and the FOMC announcement. Oil is trading lower as demand is not running as hot as expected. Nordson Corp., Lennar Corp., and Trip.com Group Ltd. are among the companies reporting results today after the bell.
S&P Futures are pointing to a lower opening this morning. The markets are typically directionless before Fed meetings and the same is true today. The international markets are mixed and crude oil is off. The key economic report due out today is the PPI final demand.
S&P Futures are positive this morning. Positive action overnight in Asia has helped push both the European and U.S. indices higher this morning. There are expectations that China will be introducing additional stimulus measures. There is an FOMC meeting this week and it is expected that the Fed will announce measures to end their bond-buying program in the Spring.
S&P Futures are indicating a positive open this morning. Earnings results after the close yesterday were mainly positive and pre-market gains in the FANG stocks are helping the index to tick higher this morning. The key economic event today is the release of the CPI data one hour before the market opens. Inflationary data will be the hot topic over the next week. The Fed has its FOMC meeting next week.
S&P Futures are moving lower in pre-market trading. After three days and a significant move higher we are seeing some profit-taking. The recent bout of market volatility was created by conflicting headlines on the Omicron variant and mixed signals on the health of the economy. The U.K. has outlined a new work-from-home mandate and mask guidelines last night. This morning we have the weekly jobless claims figures being released and after the close today, we have earnings reports due out from AVGO, COST, LULU, MTN, ORCL, and more.
S&P Futures are fractionally higher this morning after two days of strong gains. On the economic front, we have two key reports due out, the JOLTS report and the EIA oil stockpiles report. On Capitol Hill, the CEOs of 6 major cryptocurrency firms will be appearing before Congress to discuss regulation. Also, Adam Mosseri, the head of Instagram, appears before the Senate at 2:30 p.m. ET to discuss “Protecting Kids Online,". Oil prices are showing gains this morning as the API reports indicate a draw in stockpiles occurred last week. RH & GME are scheduled to release earnings this afternoon.
S&P Futures are pointed to a second day of gains this morning, as the market continues to focus on the latest news on the Omicron variant of coronavirus. President Biden is set to hold a virtual meeting with Putin to discuss the recent build-up of Russian troops on the Ukrainian border. American Airlines CEO set to retire in March of 2022.
S&P Futures are positive this morning as the market is digesting the latest news on the spread of the coronavirus and preparing for new inflation data later in the week. Tech stocks remain under pressure this morning. The market has priced in the worst-case scenario. Oil prices are showing a strong move higher this morning while cryptocurrencies are experiencing significant selling pressure.
S&P Futures are slightly lower this morning ahead of this morning's Non-Farm Payrolls report that is due out one hour before the markets open. Oil prices are displaying gains this morning as OPEC agreed to continue with its scheduled production increases. Congress passed a short-term funding bill and avoided a shutdown. Concerns over the Omicron virus has started to diminish as drug companies confirmed that their treatments remain highly effective.
S&P Futures are indicating a higher opening this morning. The key economic event today is the Jobless Claims report being released 1 hour before the market open. OPEC will be making an announcement this morning on production quotas that will create volatility in the sector today. PFE and GSK have spoken positively on the effectiveness of their Covid treatments against the Omicron variant. Lawmakers on Capitol Hill are said to be close to an agreement for raising the debt ceiling. Later this afternoon, watch for earnings releases from DOCU, MRVL, OLLI, COO, GWRE, ULTA, and SWBI. Key earnings released Tuesday included FIVE, SLPK, SNOW abd CRWD.
Look out for some key FANG alerts:
Meta Platforms Inc: Facebook asked a U.S. court on Wednesday to dismiss and not allow the refiling of an antitrust lawsuit by the U.S. Federal Trade Commission which urges a court to demand that the company sell two big subsidiaries.
Apple Inc: The company has told its parts suppliers that demand for the iPhone 13 lineup has slowed.
Amazon: AWS Announces Two New Initiatives That Make Machine Learning More Accessible
S&P Futures are displaying strong gains this morning. Asia closed higher, Europe in up and oil futures are pushing higher by 3% ahead of tomorrow's OPEC announcement. This morning we have the PMI data being released. There are a couple of important economic reports scheduled for release today including the ADP Employment Report and the EIA Stockpiles Report.
S&P Futures are trading lower this morning. Futures were ticker higher until the CEO of Moderna warned that the existing vaccines will likely be less effective against the Omicron variant. The market will be paying attention to testimony from Fed Chair Jerome Powell today Also in focus Tuesday will be data on house prices and consumer confidence, set to be released at 9 a.m. ET and 10 a.m., respectively. Earnings from Salesforce.com and Hewlett Packard Enterprise are due after markets close.
S&P Futures are gaining this morning. The markets in Europe and here in the U.S. are bouncing back as traders are awaiting more clarity on the likely transmissibility and severity of the Omicron variant and on the efficacy of the current vaccines. Covid stocks are displaying strong gain this morning, while casino stocks remain under pressure.
S&P Futures are dropping as global markets plunged. There is a new COVID variant detected in South Africa that is causing weakness in the markets. Sectors being hit hard include Airlines, Banks, Commodities, Energy, & Travel. Healthcare stocks are showing gains. Global market have all dropped 2.5%, S&P are only off 1.6% indicating that the market has room to move lower. Market is scheduled to close at 1:00 p.m. today.
S&P Futures are trading slightly lower this morning as traders awaited a busy day of economic data releases ahead of the Thanksgiving holiday, plus minutes from the Federal Reserve's latest meeting. Oil prices moved higher yesterday on news that coordinated releases of strategic reserves. Retailers GPS and JWN are trading lower by 20% after releasing disappointing earnings last night.
S&P Futures are trading slightly lower this morning.This morning we are seeing rising bond yields. The yield on the benchmark 10-year bond also rose, reaching as high as 1.643% before easing to 1.624%. The key economic report today is the Surveys of Purchasing Managers report which is due for release 15 minutes after the market opens.
S&P Futures are trading higher this morning. The key economic report today is the Existing Home Sales report which is due out 30 minutes after the market opens. ARWA, KEYS, URBN, and ZM are scheduled to release quarterly earnings today. Some M&A activity in the telecom sector this morning including active merger talks is underway in Telecom Italia and Vonage., and takeover chatter in Monster Beverage.
Listen back to NewsWare's Trade Talk from Friday, November 19. The end of the episode didn't make it into the first posting from the day - Listen to the full epsiode here!
S&P Futures are trading lower this morning with bond yields declining amid rising Covid-19 cases and acceleration of restrictions in Europe. Austria is going into a nationwide lockdown starting Monday, with restaurants and retail sectors to close. Areas in Germany are also going into a partial lockdown next week. Oil prices are lower as due to the new lockdowns and indications that OPEC countries have increased their production. Retail stocks remain in focus with earnings reports due out today from Foot Locker and Buckle.
S&P Futures are trading higher this morning. The key economic report due out today is the weekly jobless claims. We also have earnings reports due out from M & KSS. Crude oil continues to weaken as importing nations are looking to work together and release stockpiles from their reserves. President Biden is like to make an announcement on the FOMC chairman position today or tomorrow.
S&P Futures are trading slightly lower this morning. This morning's key economic reports include Housing Starts and the EIA weekly stockpiles reports. This morning we have earnings reports due out for LOW, TGT and TJX.
S&P Futures are fluctuating between gains and losses. This morning's key economic reports include the Retail Sales and Industrial production reports for October. Bond yields are at 3-week highs as inflation worries remain a factor of concern. This morning, Home Depot released another strong earnings report.
S&P Futures are positive while bond yields are dropping this morning. Shares of Boeing are up 2.5% this morning as the company releases multiple new orders. HD and WMT are seeing gains as both companies are scheduled to release earnings tomorrow morning.
S&P Futures are indicating a higher opening this morning. JNJ will be leading the DJX higher today as it has announced plans to split the company into two separate units. Oil is moving lower due to lower demand forecast from OPEC and a stronger dollar. The bond market reopen after a holiday yesterday and the 10 Year Treasury rose to 1.571% from Wednesday's close of 1.558%.
S&P Futures are displaying solid gains this morning. Asian markets moved higher overnight on positive news that the troubled property developer Evergrand made a scheduled debt payment. European markets are also displaying gains. Yesterday's inflation data came in hotter than expected causing equity prices to weaken, but the market appears to have digested the increase. T
S&P Futures are moving lower ahead of key economic reports being released this morning. Jobless Claims are being released today as tomorrow is a Federal Holiday and the release of the CPI report is likely to create volatility this morning.
S&P Futures are moving fractionally higher this morning ahead of today's PPI report. The PPI report is a gauge of inflation and could be a market-moving report this morning. Estimates are for an 8.6% year-over-year rise on the PPI, with a 6.8% increase on the PPI core. Listen to today's epsiode to hear about this and other market moving news of the day.
S&P Futures are moving higher this morning as Congress approves the infrastructure bill. Oil prices continue to gain as Saudi Arabia raises its price for light sweet crude and TSLA is off as Musk is being promoted to sell holdings on Twitter.
S&P Futures are moving higher this morning. The market remains positive leading into today's Non-Farm Payroll Report scheduled to be released before the market open.
S&P Futures are positive this morning and holding a slight gain. There are multiple factors on watch this morning including the Jobless Claims report and a pending announcement from OPEC on production volumes.
S&P Futures are indicating a slightly lower opening this morning. There are multiple factors today that can create volatility including ADP's release of the National Employment report, the EIA oil stockpiles report being release this morning and the Fed's announcement of the results of its monetary policy meeting this afternoon.
S&P Futures are indicating a slightly lower opening this morning. This is typical as today is the start of the Federal Reserves monetary policy meeting. Earning news will be highlighting the tape today.
S&P futures indicate a positive opening. Multiple Catalysts driving the markets including pending announcements from the Fed and OPEC later this week.
Futures are lower as tech stocks are moving lower this morning. Oil and raw material stocks are showing gains.
Futures are moving higher with solid gains in Tech & Industrial stocks. Oil prices are weakening this morning. Jobless Claims and GDP figures are due out 1 hour before the open. This afternoon, watch for earnings results from AAPL, AMZN SBUX, and others.
Futures are moving between gains and losses this morning as the market continues to digest earnings reports. BA, CAT, MCD, MSFT are all showing solid gains in the pre-market.
S&P futures are indicating a positive opening this morning.
The main catalyst for the move higher is earning reports released last night and this morning. The market is also anticipating positive reports from tech companies scheduled for this afternoon.
Futures are higher this morning ahead of a flurry of earnings reports. Traders will be paying attention to the forward guidance numbers.
S&P's are slightly higher this morning but might not be able to stay in positive territory today. The weak forecast from SNAP last night is causing selling pressure in a host of big tech companies this morning.
The market is displaying signs of weakness this morning, however, traders are looking ahead to the host companies preparing to release earnings results.
Markets are flat this morning after 5 straight days of positive action. Earnings reports remain the key driver. Key economic reports to watch for today include the EIA oil stockpiles report and the Fed's Beige Book.
Futures are moving lower after China releases its 3Q GDP figures which came in lower than expected. The market is preparing for a big week of earnings and economic announcements.
S&P Futures are positive going into the open. Banks & Tech stocks are moving higher in the pre-market.
S&P Futures are showing solid gains this morning due to positive earnings reports from the major banks. BAC, C, MS & WFC are all trading higher this morning.
S&P futures are positive in the pre-market, bond yields and oil prices are softening. Key catalysts today will be the earnings report from JPM, the CPI report, and the release of the Fed's meeting minutes this afternoon.
S&P's have turned higher and continue to strengthen. Bond yields and energy prices remain positive, yet the market's focus is turning to earnings. Tomorrow morning we have earnings reports due out from BLK, JPM DAL, and others.
S&P's are moving lower and Crude Oil prices move 2% higher this morning. Bond markets are closed today and the markets are preparing for Earnings Season that begins this week.
Non-Farms Payrolls report being released this morning and will set the tone for the day. S&P have reversed course and are now trading higher.
S&P's are up almost 1 %, Dow Futures expected a 300 point move higher - Sentiment remains positive this morning.
S&P are in the red, Europe is down as bond yields have ticked higher due to the recent increase in energy prices.