NewsWare‘s Trade Talk

S&P Futures are moving lower this morning due to this weekend's announcement from the White House on tariffs. President Trump has indicated his intention to impose 30% tariffs on the E.U. and Mexico starting August 1st. President Trump will be meeting with the Secretary General of NATO this morning, he is expected to make a major announcement on Russia today. Congress is set to vote on a series of Crypto bills this week. Boeing...

S&P Futures are moving lower this morning as the latest tariff developments have markets on edge. Continuing changes in tariff policy is a negative factor for markets. President Trump announced that tariffs on Canada will be 35% effective August 1st. He also indicated that new tariffs on the European Union will be announced soon. A trade agreement with India remains in focus. Achieving trade deals with other nations has proven ...

S&P Futures are displaying modest weakness this morning. After the bell yesterday, President Trump announced that the U.S. will impose 50% tariffs on copper imports. In addition, he also declared that imports from Brazil will be hit with 50% tariffs. Both are schedule to start on August 1st. The key economic event today will be the release of the Weekly Jobless Claims. In corporate news Delta is trading higher after an earnings...

S&P Futures are positive this morning as the market are anticipating announcement on trade deals. Treasury Secretary Scott Bessent and the Director of the White House National Economic Council Kevin Hassett are being discussed as the top candidates to succeed Jerome Powell as the next Fed Chair. Key economic event today will be the Fed's Meeting Minutes from last months fed meeting. Merck announced a deal to takeover VRNA. Boei...

S&P Futures are moderately higher this morning with tariff developments and pending trade deal in focus. President Trump sent out tariff letter yesterday, neither India nor the E.U. received letters. As a result, markets are expecting trade deals to be announced this week with India and the E.U. No major economic releases are due out today. Tech stocks are displaying positive action in the pre-market. On the earning front, Delt...

S&P Futures are displaying modest weakness this morning as markets await details from the White House, where President Trump is expected to send out tariff letters to numerous countries today. The focus is on which countries will receive these notifications and what specific tariff rates will be imposed, as the administration’s 90-day pause on higher tariffs expires this week. President Trump will be hosting a state dinner toni...

S&P Futures are displaying a cautious move higher this morning as the market await this morning Non-Farms Payrolls report. Overnight in Washington, House Republicans have been working through significant internal resistance to President Trump's tax bill. The bill is expected to pass sometime today.   The Trump Administration has eased some curbs on exports of chip-design software to China. TRIP is trading higher this morning as...

S&P Futures are moving slightly higher this morning. Banks are displaying positive momentum due to announcements of buybacks and dividend increases as all major banks past the Fed's stress test. TSLA will be releasing its 2Q sales figures today. Healthcare stocks are weakening as CNC withdraws 2025 guidance. While the Senate past President Trump's tax bill yesterday, the bill faces significant difficulties in the House. House G...

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 Ma...

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, publish...

S&P Futures are moving higher this morning mainly due to optimism on trade negations. U.S. trade deal which as previously announced, has been signed. The White House indicates that extensions are possible on the upcoming tariff deadlines. Commerce Secretary Lutnick indicated that 10 new trade deals are set to be announced soon. Banks are on watch today as the Fed will be releasing stress test results after the bell. On the econ...

S&P Futures are trading higher this morning. The dollar is weakening, which is a positive for corporate earnings, however, a weaker dollar is also considered inflationary. Media reports indicate that President Trump is actively considering naming his pick to succeed Federal Reserve Chair Jerome Powell, with the aim of shaping a more dovish narrative around interest rates. President Trump has a "One Big Beautiful Bill event toda...

S&P Futures are ticking higher this morning. Fed Chair Jerome Powell is scheduled to testify before the Senate today. President Trump is in Europe attending a NATO summit, a press conference will occur later this morning. On the economic calendar is data on New Home Sales. Micron will be releasing earnings after the bell today. Nivida is scheduled to host a shareholders event today. On the earnings front, GIS & PAYX are sch...

S&P Futures are showing positive action this morning and oil is falling due to the ceasefire agreement between Isreal and Iran. President Trump is in Europe this morning attending a NATO summit. Fed Chair Jerome Powell will be testifying on Capitol Hill today. Trump Administration is said to be considering an Executive Order aimed at preventing banks from refusing to do business with specific industries, such as gun manufacture...

S&P Futures are displaying gains this morning as markets price in the latest Middle East developments. The weekend strike on Iranian nuclear facilities is the key topic of the day as markets focus on possible retaliation from Tehran. President Trump is headed to Europe this week for a NATO summit. On the economic front today, two influential Federal Reserve members are scheduled to speak. Fed Chairman Jerome Powell is scheduled...

S&P Futures are lower this morning as geopolitical issues in the Middle East continue to weigh on the market's sentiment. News reports that President Trump's plans to make a decision in two-week on potential U.S. military action against Iran has yet to turn markets higher.  President Trump is schedule to hold a national Security meeting later this morning. Fed policy remains on hold as officials continue to wait for inflation d...

S&P Futures are essentially flat this morning with economic data in focus. This morning the weekly Jobless Claims are due out and this afternoon there is a Fed announcement on monetary policy. The update to the Dot Plot data could spark some volatility. The G7 meeting wrapped up yesterday with no trade deal news. The July 9th deadline for trade deals is weeks away and so far no deals have been announced. Israel targeted weapons...

S&P Futures are moving lower as the conflict in the Middle East weighs on sentiment. President Trump left the G7 meeting earlier than scheduled without any trade deals. He posted a comment calling on the residences of Tehran to evacuate the city which has the markets on edge. The FOMC meeting starts today with an announcement scheduled for tomorrow. The BOJ left rates unchanged. Oil and defense stocks are higher this morning. S...

S&P Futures are displaying positive action this morning. While tensions in the Middle East remain elevated, Isreal has clearly demonstrated its superiority as they continue to focus their attacks on disabling Iran's nuclear program. The G7 meeting are underway, President Trump will be in attendance. Focus will be on Trade talks and the Middle East. There are a host of Central Bank meetings this week with scheduled announcements...