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NewsWare's Trade Talk: Wednesday, April 24
Manage episode 414325116 series 3349023
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S&P Futures are displaying gains this morning as earnings reports are lifting stock prices. On the economic calendar there are two upcoming economic reports to pay attention to. Tomorrows GDP and Fridays PCE releases. This morning there is the Durable Goods report is due out. Tesla is higher as the automaker rolls out a low-priced EV unit & talks up the cybercab. IBM is in focus today as the company appears likely to takeover cloud software provider HashiCorp and they are releasing earnings after the bell. In Europe markets are positive on corporate updates and a positive German business sentiment reading. Oil prices lower ahead of today stockpiles report.
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