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NewsWare's Trade Talk: Tuesday, April 16
Manage episode 412833405 series 3349023
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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 better than expected results. Fed Chair Powell to speak today at 1:15 pm. In Europe markets are down by more than 1% and oil prices are displaying some weakness in the pre-market.
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