Business

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 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 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.