NewsWare‘s_Trade_Talk
- Business , Economics , News
- September 4, 2024
- 11 views
NewsWare’s Trade Talk: Wednesday, September 4 | NewsWare‘s Trade Talk
S&P Futures are extending their losses from yesterday this morning as a wave of selling pressure seen from Asia to Europe overnight. Markets will be paying attention to this morning’s reports on factor orders and job openings. After the bell yesterday GTLB & HQY released positive earnings reports. ZS also beat but lowered Q1 guidance. This morning, DLTR released weaker than expected eps report, DKS and CIEN are on deck this morning. While the U.S. & China’s economic data was slightly disappointing yesterday, markets remain in the red this morning, price action appears overblown. Bank of Canada is expected to announce a rate cut this morning. OPEC is said to be consider a delay to its October production hikes. In Europe, the major three indexes are lower. Oil prices have reversed course and are now trading higher.
- Business , Economics , News
- August 30, 2024
- 11 views
NewsWare’s Trade Talk: Friday, August 30 | NewsWare‘s Trade Talk
S&P Futures are displaying positive action ahead of the opening bell. The focus this morning is on inflation with the PCE report due out before the opening bell. ADSK, DELL, LULU, MDB & MRVL are all higher this morning after releasing earnings results. Next week economic data will be focused on employment with the non-farms payrolls being the major market moving report. There is a big union meeting on Wednesday as dock workers at some of the nation’s busiest ports are looking for a new contract. In Europe, markets are higher and reacting to the latest economic data out of the EuroZone. Oil is steady to higher.
