NewsWare’s Trade Talk: Thursday, June 5

S&P Futures are trading slightly higher this morning ahead of some important economic announcements. The ECB is expected to announce a rate cut this morning of 0.25%. Jobless Claims & data on the U.S. trade deficit are due out this morning. President Trump will be meeting with German Chancellor Merz today, discussions will likely focus on NATO, Ukraine, tariffs & trade relations. The Senate is preparing to make major changes to the Reconciliation bill. KMB is nearing a sale of its tissues business to a Brazilian firm. On the earnings front, LE, MDB & FIVE are higher after earnings reports After the bell today, AVGO, LULU & DOCU are scheduled to release earnings.