NewsWare’s Trade Talk: Friday, May 23

S&P Futures are trading slightly lower this morning, Treasury yields have eased modestly. Markets action is expected to be limited today, however there are a number of events todays. The U.S. & Iran will be having talks over nuclear enrichment. China and the U.S. are scheduled to hold trade talks today. President Trump is expected to sign an Executive Order today aimed at revitalizing the U.S. nuclear energy sector this afternoon. On the economic front there is a report on News Home Sales due out. Fed Gov Lisa Cook will be speaking today, and Fed Chairmen Jerome Powell is scheduled to speak on Sunday. On the earning front tech earning continue to be posive with INTU and ADSK posting beats - Retailors continue to pull guidance as the tariff situation clouds its outlook. Markets are closed on Monday, PDD will release earnings on Tuesday morning.