NewsWare’s Trade Talk: Tuesday, July 22

S&P Futures are displaying some weakness this morning as market await a catalyst. Tariffs, Trade and Earnings remain hot topics for the markets. President Trum is scheduled to meet with the president of the Philippines today. Discussions are expected to focus on trade negotiation and security cooperation in the Indo-Pacific region. Markets are caution on a potential U.S. EU trade agreement as the EU is said to be preparing a list of possible retaliatory measures. The lack of movement in the U.S. India trade agreement has markets questioning if a deal will actually occur. On the earnings front, CCK, KO, MEDP & NOC are higher after their releases. NXPIT is moving lower after their announcement last night as tech expectations are elevated. After the bell today, earnings releases are expected from CB, SAP & TI.