NewsWare’s Trade Talk; Monday, March 31

S&P Futures are continuing to move lower this morning as the markets prepare for Trump's tariff announcement on Wednesday. Multiple reports came out over the weekend indicating that the tariff announcement may be harsher than initially anticipated. The S&P is down over 5% on the year. Over the weekend, President Trump indicated more tariffs on Russian oil if a deal is not reached to end their war with Ukraine. He also issued a threat to bomb Iran if an agreement is not made on its nuclear program. Employment data will also be in focus this week, on Friday the Non-Farms payrolls report is scheduled for release. After the bell today, PRGS and PVH are scheduled to report earnings.