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NewsWare's Trade Talk: Tuesday, October 29
Manage episode 447434824 series 3349023
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S&P Futures are non directional this morning ahead of a the release of a host of earnings and economic reports. Boeing has priced its offerings of common stock and depositary shares as the company looks to raise about $21 billion. FFIV, LDOS PFE THC & WM are higher after earnings announcements, BOOT, F, RCL & SWK are lower. The CEO of Boot Barn said that he is leaving for the top job at Ross Stores. The Biden administration is finalizing a rule that will limit U.S. investments in AI and other technology sectors in China that could threaten national security. In Europe, markets are higher due to positive earnings from blue chip stocks. Oil prices are edging higher this morning with API stockpile estimates due out after the bell today.
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