NewsWare’s Trade Talk: Friday, February 14

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.