NewsWare‘s Trade Talk

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.  For a free trial of NewsWare, visit www.newsware.com. 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.