News

S&P Futures are trading lower this morning as tech stocks are experiencing a pull back in the pre market. Flash PMI data is due out after the open and expectations are for continued signs of growth in both manufacturing and services. ROST, NTAP and GAP are moving higher after releasing earnings last night. Russia indicates that they are open to discussing a peace plan. In Europe, stocks are mostly lower but have been recovering from the early morning lows. Oil prices have turned lower.

S&P Futures are flat to higher this morning as markets continue to digest the earnings report from Nivida. Despite beating lofty expectations NVDA is trading lower due to concerns about its gross margins. Major brokers remain bullish and continue to raise price their price targets. Economic data is on watch with two key reports and a host of Fed Speak. Russian tensions remain elevated as hostilities continue. After the bell today watch for earnings reports from GAP, NTAP, ROST and INTU. In Europe, stocks opened down but are turning positive. Oil prices are showing gains due to geopolitical issues.

S&P Futures are up modestly this morning as Russian Ukraine tensions ease. The key focus this morning is on the earnings announcement from Nivida. Markets will be hearing from multiple Fed officials today including Collins, Bowman & Cook. Trump is said to be close to making a decision on his Treasury Secretary. Comcast plans to spin off cable-TV channels including MSNBC, CNBC and USA. Takeover chatter in INCY. Delta is holding an investors day today. In Europe, stocks are display slight gains. Oil prices are slightly higher this morning with today’s stockpiles report in focus.