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NewsWare’s Trade Talk: Tuesday, July 1 | NewsWare‘s Trade Talk

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NewsWare's Trade Talk: Tuesday, July 1 | NewsWare‘s Trade Talk

S&P Futures are moving slightly lower this morning with trade talks and the budget reconciliation bill in focus. The EU trade negotiator has an offer to present that will accept a 10% universal tariff if key sectors are exempted. The Senate is currently holding votes on the reconciliation bill. Fed Chairman Jerome Powell is scheduled to speak this morning at an ECB conference. Gaming stocks are trading higher this morning as Macau gaming revenue came in strong. TSLA is lower as the Trump / Musk feud continues to make headlines. On the economic front, markets are awaiting the ISM Manufacturing data for June. PRGS to released positive earning, although stock is displaying weakness.

NewsWare’s Trade Talk: Monday, June 30

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NewsWare's Trade Talk: Monday, June 30

3 hours ago

3 hours ago

S&P Futures are positive this morning due to trade talks and developments on the budget reconciliation bill. Canada has officially dropped its Digital Services Tax (DST) proposal, just hours before the first payments were due. The Senate is moving forward with a vote on the reconciliation bill, officially titled the “One Big Beautiful Bill Act,” with a final vote expected as early as today. The latest draft of the bill, published Friday, deals a significant setback to the renewable energy industry by sharply reducing or eliminating key tax credits for clean energy projects. On the economic calendar, employment data will be in focus this week. The Non-Farms Payrolls report is being released on Thursday due to the Friday holiday. PRGS to release earnings after the bell today.