S&P Futures are headed for a weaker opening this morning as markets in Europe slide. MSC Industrials issued a profit warning overnight, which is an indication of the state of growth in the economy. ADBE reported positive earnings overnight. ARM is being added to the NASD-100 index. Economic calendar is rather light this morning. In Europe, markets …

S&P Futures are flat to higher this morning ahead of this mornings PPI report for May. President Biden is in Italy for the G7 summit, Ukraine, AI risks & migration issues being discussed. TSLA has its shareholder meeting after the bell where a vote is being held on Musk's $56B pay package. AVGO released positive earnings last night along with a 10 …

S&P Futures are slightly higher this morning as markets awaits this morning CPI release. Also, today there is the Fed announcement. The Fed has been very consistent with its guidance, but the Dot Plot data will likely be a source of volatility today. It is likely to move down to 2 rate cuts in 2024, markets would not be surprised if that figure com…

S&P Futures are indicating a weaker opening this morning as caution appears to be dominating the markets sentiment. There are a number of upcoming catalysts that the markets are watching including the latest Federal Reserve interest rate decision, CPI data and key economic data due out from China tomorrow. LLY is higher after receiving a positive p…

S&P Futures are displaying weakness this morning as European election results and the pending Fed announcements has prices moving lower. CRWD, GDDY & KKR will be added to the S&P 500 on 6/24. NVDA is trading on a split adjusted basis this morning, share are slightly lower. Apple's World Wide Developers conference starts today. Moderna released posi…

S&P Futures are flat this morning as market wait for this morning's Non-Farm payrolls report which will likely determine the markets direction for the day. DOCU & MTN failed to impress on their earnings results last nights. After the bell today watch for earnings announcements from MTN & DOCU. The FTC is looking into MSFT deal with Inflection AI. I…

S&P Futures are flat this morning as market wait for this morning's ECB announcements. The Bank of Canada yesterday issued a rate cut and said more cuts are likely needed. The key economic data point for today will be the Non-Farms Payrolls report. This morning there is positive action in SMAR & LULU after earnings last night. After the bell today …

S&P Futures are higher this morning with Central Bank meetings in focus. Bank of Canada is expected to lower rates today and the ECN is expected to do the same tomorrow. Today's key economic data point is the ADP Employment report due out before the opening bell. Markets are reacting positively to earnings last night from CRWD & HPE. DLTR said that…

S&P Futures are displaying negative sentiment this morning which is mainly due to yesterday's weak PMI reading. Autos, banks, oil and tech stocks are moving lower. Today's key economic data point is the JOLT's report due out 30 mins after the opening bell. After the bell today waht for earnings reports from CrowdStrike, Hewlett Packard Enterprise, …

S&P Futures are displaying some positive indications this morning. It's a big week for the market with employment data and an ECB meeting scheduled for this week. Friday's Non-Farm Payrolls report will likely be the key economic data point of the week. Over the weekend NVDA & AMD presented a roadmap on chip development, which is helping to keep AI …

S&P Futures are weakening this morning as markets await a key economic report due out before the opening bell. This morning's PCE report will focus on the annual core data point. The core PCE deflator likely moderated in April to the slowest monthly pace yet this year, potentially providing some relief after a year of sticky inflation. Tech stocks …

S&P Futures are moving lower this morning. Salesforce.com is off by 16% this morning which is weighing on Dow futures. CRM released modestly disappointing earnings last night. The key economic report for today is the Q1 revision to the GDP data. Banks are trading higher this morning while semiconductor stocks are falling. After the bell today there…

S&P Futures are displaying weakness this morning. Minn Fed Kashkari comments on not taking the possibility of rate hikes off the table is dampening markets sentiment. The key economic report for today is this afternoon Beigh Book release. Airlines stocks are weakening on the back of the latest company supplied guidance data. Merck is said to be buy…

S&P Futures are higher this morning as markets look to catch up after yesterdays holiday. Key economic report for today is the Consumer Confidence report. Active week ahead on the earnings front with reports due out from AAP, ANF, DKS, HPQ, CRM, COST, DELL MRVL and others. AAPL shares are gaining this morning on news of a spike in iPhone sales in A…

S&P Futures are higher this morning ahead of the Memorial Day weekend, markets are now looking at December for the first rate cut. News that Ukraine has hit Russian air defense with U.S. weapons just hit the tape. Key economic report for today is the Durable Goods Orders. Earnings last night from DECK & ROST and BAH were positive. In Europe, market…

S&P Futures are gaining this morning as tech stocks move higher. Last night's earnings report from NVDA remains the key story for today's action. Also, this morning, markets will be paying attention to a couple of economic reports. DuPont de Nemours is planning to split itself into three publicly traded companies. Justice Dept appear ready to file …

S&P Futures are lower this morning with a host of market catalysts on tap. The afternoon release of the Fed Meeting minutes are expected to come across with a hawkish tone. This morning the market is reacting to earning reports from ADI, TGT & VIPS. After the bell today NVDA and SNOW are releasing. Expects some additional announcements from the MSF…

S&P Futures are flat to slightly higher this morning. On tap today will be host of comments from Fed officials as they attempt to provide clarity on their positions ahead of the release of the Fed Minutes tomorrow. The MSFT Build conference gets underway today. IBM makes AI announcements related to deals with CRM and Saudi Arabia. On the earnings f…

S&P Futures are positive this morning. Fed speakers are out in force this morning likely looking to underscore the current narrative that rates need to remain higher for longer. The FOMC Meeting notes to be released on Wednesday. In company news, Apple is expected to announce its iOS18 at next month conference, heard they have added OpenAI tech to …

S&P Futures are flat and rather non directional this morning. Markets will be paying attention to comments from Fed speaker and key corporate developments today. Fed Gov Waller typically creates market volatility when he speaks. In company news, Microsoft will offer cloud-computing customers the option of using AI chips from Advanced Micro Devices …

S&P Futures are slightly higher again this morning. Corporate earnings in focus as CSCO delivered a solid report last night. BIDU & JD are higher, DE is lower on earnings this morning. Key economic data point for today will be the Jobless Claims report before the bell, there is also a host of Fed Speak happening today. China is set to release repor…

S&P Futures are slightly higher this morning ahead of this morning Consumer Prices Index release. The annual core reading is expected to come in at 3.6% vs. 3.8% last month. Mester of the Cleveland Fed feels that it is too early to conclude that inflation is reversing. Markets have seen a host of positive AI announcements this week, the MSFT Build …

S&P Futures are flat to higher this morning with the pending release of the Producer Price Index in focus. Data is due out 1 hour before the opening bell and a reading of 0.3% expected. Tomorrow the attention will be on the CPI data. Fed Chair Jerome Powell is scheduled to speak at a conference this morning. The White House announced a slate of tar…

S&P Futures are showing gains this morning as markets awaits key economic and earnings releases this week. Tomorrow the attention will be on the PPI report, on Wednesday it will be on the CPI data. Fed Chair is set to speak tomorrow at a conference. Earnings announcements are expected from Home Depot and Alibaba on Tuesday, Cisco on Wednesday and W…

S&P Futures are extending their gains this morning. The cooling job market is boosting markets expectations on rate cuts. Markets will be paying attention to the elevated number of Fed speakers today for commentary on inflation and the timing of rate cuts. The Biden administration is said to be looking to roll out new tariffs on China's EV sector. …

S&P Futures are flat to lower and in need of a spark. ARM's forward guidance has markets concerned. APP beat forecasts And COST delivered positive same store sales data after the bell yesterday. In focus this morning is the Weekly Jobs data and a monetary policy announcement from the BOE. In Europe, markets are mainly higher with gains in autos and…

S&P Futures are flat to higher with the markets looking for a catalyst to create volatility this morning. Earnings announcements continue to be a key factor behind the market momentum with positive earnings reports from ANET, WYNN &RDDT. Next week Walmart and Home Depot are scheduled to release. President Biden is in WIS to announce a $3B MSFT data…

S&P Futures are higher this morning as encouraging Fed speak yesterday is reigniting the markets expectations for rate cuts this year. Positive earnings from DIS, J & KVUE has hit the tape already this morning. After the bell today watch for earnings from ARM, ABNB, TTD, APP & HOOD. The EU has approved the acquisition of U.S. Steel by Nippon Steel.…

S&P Futures are higher this morning as the market remains positive on Friday's employment report which is viewed as a catalyst for the Fed to lower interest rates. Positive earnings from Berkshire Hathaway came out over the weekend, they also revealed that they lower their stake in AAPL. Lowes reported a beat this morning on higher revenue. Middle …

S&P Futures are showing positive activity this morning ahead of the widely anticipated Non-Farms Payrolls report this morning. The payrolls data is the key economic data point for the day and is expected to show a number near 240K added jobs for April. Earnings from AAPL beat against a low bar. AMGN also beat, but their update on their weight loss …

S&P Futures are showing strong gains this morning as markets continue to digest yesterday's commentary from Fed Chair Jerome Powell. His comment that the next move is not likely to be a hike was well received. The economic calendar is highly active this morning with employment data on tap. MSFT announced a big investment in Malaysia for its cloud a…

S&P Futures are slightly lower this morning as the market is preparing for a negative commentary on interest rate by the Fed this afternoon. The economic calendar is highly active this morning, but the key datapoint for today will be the Fed announcement. CVS lowered full year guidance, JNJ is looking to spin litigation risk for talc powder lawsuit…

S&P Futures are slightly lower this morning with corporate earnings and tomorrows Fed announcement being the key short-term factors for markets. On the economic front, the Fed starts its two-day meeting today, later this morning there is the Consumer Confidence report being released. MMM came in with an earnings beat this morning. After the bell to…

S&P Futures are higher this morning as markets prepares for an important week ahead. Key earnings data, a Fed announcement and a host of economic data on employment are on tap for this week. DPZ is trading higher after releasing positive earnings this morning. TSLA is said to have been given the green light in China to roll out its driver-assisted …

S&P Futures are displaying a strong move to the upside this morning due to strong earnings reports from MSFT & GOOG last night. Key economic data point for the day is today's Personal Income and Spending data due out 1 hour before the opening bell. Secretary of State Blinken is in China for a meeting with President Xi to address trade complaints an…

S&P Futures are moving lower this morning as the AI fueled rally appears to be stalling. The economic calendar is active today with this morning with the Q1 GDP report on tap for release. There is weakness in tech this morning after last night's earnings, specifically from META. Meta's release was actually very good report, but the expectations, si…

S&P Futures are displaying gains this morning as earnings reports are lifting stock prices. On the economic calendar there are two upcoming economic reports to pay attention to. Tomorrows GDP and Fridays PCE releases. This morning there is the Durable Goods report is due out. Tesla is higher as the automaker rolls out a low-priced EV unit & talks u…

S&P Futures are indicating a positive opening this morning with corporate earnings in focus as 40% of the S&P 500 companies are schedule to report this week. GM, NVS & UPS have already delivered positive reports this morning and are all showing gains in the pre market. Apple's iPhone sales in China are said to be off by 19% in Q1. Purchasing Manage…

S&P Futures are indicating a strong opening for this morning as geopolitical tensions subside. The week ahead is filled with earnings reports from big tech companies and there are a host of important economic releases. SalesForce.com intended takeover of Informatica appears unlikely to occur as the two sides are unable to agree on terms. In Europe …

S&P Futures are lower this morning as market react to the big headline of Israel's attack on Iran. The attack was more symbolic in nature and while the S&P fell hard on the news they have since recovered and are setting up for a strong week ahead as Big Tech begins to release earnings. There will be no Fed Speak next week as the Fed officials will …

S&P Futures are mostly higher this morning with chips stocks in focus. TSMC earnings report was mainly positive & MU appears to be in line for a 6B grant from the Biden Administration. This morning earnings announcements from ALK, CMA & DHI were positive. After the bell today NFLX is set to release with subscriber data in focus. In today's action F…

S&P Futures are showing positive action this morning due to mostly positive corporate updates. Shares of UAL are higher after a strong earnings report last night. Shares of ADSK are weak as it will be late with its annual report. The economic calendar is light today with Beige book data due out this afternoon. The Biden admin is looking to triple t…

S&P Futures are flat to lower this morning with multiple factors in play. The possibility of Israel striking back at Iran remains a hot topic for the markets. New expectations that the Fed will only issue 1 rate cut in 2024 has markets on edge. Corporate earnings remain a key driver for stocks. This morning BAC, BK, JNJ, PNC and UNH all reported be…

S&P Futures are trading higher this morning as market react to a de-escalation of tensions in the Middle East. The markets will continue to monitor the situation but will also be paying attention to this morning's Retail Sales report and corporate earnings announcements. Metals are higher amid new sanctions on Russia from the U.S. & the U.K. Salesf…

S&P Futures are slightly lower this morning. International events are playing a role in this morning's action. China is telling its telecom firms not to use foreign made chips. The Biden administration has added 6 Chinese companies to its blacklist. Iran is expected to launch a retaliatory strike within days. First quarter earnings season kicks off…

S&P Futures are lower this morning as markets remain bearish due to yesterdays CPI report which showed another month of rising inflation. As a result, the odds of a Fed rate cut are being push out to September. Markets are monitoring the headlines out of the Middle east as tensions are escalating. This morning, we have inflation indicator report be…

S&P Futures are higher this morning as market anticipates this morning CPI report on inflation and the release of the Fed meeting minutes this afternoon. Shares of Delta Airlines are higher after a positive earnings release. President Biden is holding a press conference today with Japan's Prime Minister at 11:00 am. Israel & Hamas are said to be co…

S&P Futures are flat to lower this morning with the focus on tomorrow's inflation report. Minneapolis Fed Kashkari indicated that he is concerned that the recent rise in oil prices will keep inflation higher. Israel is looking to start offensive action in Rafah. Economic calendar is quiet this morning. After the bell today are earnings reports from…

S&P Futures are flat to higher this morning. Markets to focus on inflation data, the Feds meeting minutes and earnings reports from the big banks this week. Markets are adjusting to the possibility of only 2 rate cuts in 2024. Treasury Sec Yellen wrapped up a 4-day trip to China where she warned the country about the hazards of boosting capacity in…

S&P Futures are moving higher this morning as markets display some resiliency after yesterday selling pressure. The key economic data point for today will be the Non-Farms payrolls report. Today's Fed speak will alco be closely monitors as yesterday's comment form Minn Fed Kashkari caused markets rethink the timeline of rate cuts. Tres Sec Yellen i…