NewsWare‘s Trade Talk

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.