NewWare’s Trade Talk: Thursday, May 25
NewsWare‘s Trade Talk

NewWare’s Trade Talk: Thursday, May 25

2023-05-25

S&P Futures are displaying strong gains this morning on the back of blowout earnings from AI chip maker NVDA. The overall market remains cautious due to the ongoing stalemate on the Debt Ceiling decision. Credit rating agency Fitch has placed the U.S. "AAA" credit rating on a "negative" outlook. Markets will be paying atteniton to earnings, econimic reports , fed speak and political comments on the debt ceiling talks today. Europe is trading lower and oil is giving back some of yesterdays gains.

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