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NewsWare's Trade Talk: Thursday, May 30

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Manage episode 421154952 series 3349023
Content provided by NewsWare. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NewsWare or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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 are earnings reports due out from COST, DELL, MRVL, ZS, NTAP & ULTA. In Europe, markets are showing modest gains and oil prices are weakening due to last night API oil stockpiles estimates indicating that inventories fell by 6.49million barrels last week.

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102 episodes

Artwork
iconShare
 
Manage episode 421154952 series 3349023
Content provided by NewsWare. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NewsWare or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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 are earnings reports due out from COST, DELL, MRVL, ZS, NTAP & ULTA. In Europe, markets are showing modest gains and oil prices are weakening due to last night API oil stockpiles estimates indicating that inventories fell by 6.49million barrels last week.

  continue reading

102 episodes

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