NewsWare’s Trade Talk: Friday, May 2

54 minutes ago

54 minutes ago

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.