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NewsWare's Trade Talk: Tuesday, May 21
Manage episode 419434461 series 3349023
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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 from tech stock PANW & KEYS are moving lower after releasing beats yesterday. LOW is higher after releasing this morning. NVDA is releasing its earnings tomorrow afternoon In Europe, markets are lower as traders grapple with the idea that the ECB may be one and done in terms of rate cuts this year. Oil prices are lower by more than 1% with forward demand concerns in focus.
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