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NewsWare's Trade Talk: Monday, May 6
Manage episode 416787355 series 3349023
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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 East tensions are rising as ceasefire talks appear to be in jeopardy. In Europe, markets are higher with gains in autos and energy stocks. ECB appears to be on track for a June rate cut. Oil prices are higher this morning.
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