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NewsWare's Trade Talk: Thursday, April 4
Manage episode 410641407 series 3349023
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S&P Futures are moving higher this morning as markets continue to digest the relatively dovish comments from Fed Chair Jerome Powell yesterday. Today's calendar is very active in terms of Fed Speak and they will likely continue with the narrative that the Fed can afford to wait on more economic data before initiating a rate cut. In corporate news, DIS won its proxy battle against Nelson Peltz. PARA board is looking for alternative bidders. AAPL is said to be consider home robotics for its next big thing. In Europe markets are mostly higher due to better-than-expected economic data. ECB meeting minutes are due out today. Oil prices are slightly lower this morning.
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