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NewsWare's Trade Talk: Wednesday, January 22
Manage episode 462507603 series 3349023
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S&P Futures are moving higher this morning with positive momentum in tech stocks. The tech rally is due to a White House announcement on the Stargate Project which is $500B fund to build out AI infrastructure. Concerns over tariffs are falling, while Trump has spoken about plans to impose 25% tariffs on Feb 1 on goods from Mexico & Canada, the trade deficit study is schedule for April 1st. Earnings are also in focus today with NFLX, IBKR & JNJ moving higher after releasing their reports. European shares are showing gains & oil prices are higher by +0.25% this morning.
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