NewsWare’s Trade Talk: Monday, March 24

S&P Futures are displaying a strong move higher this morning with the focus on the expectations that Trump tariff announcement will be more targeted than feared. As a result, markets are displaying gains in chips, drugs and auto stocks. Tariff news will remain a key source of volatility for the week ahead. After the opening bell, markets will digest the flash PMI data releases. U.S. and Russian officials are meeting in Saudi Arabia to discuss a ceasefire. The U.S. & China are stepping up diplomatic efforts and laying the groundwork for a Trump / Xi meeting. KBH is set to release earnings after the bell today and MKC is schedule to release tomorrow morning.