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NewsWare's Trade Talk: Tuesday, November 19
Manage episode 450964716 series 3349023
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S&P Futures are falling this morning as global tensions rise following Russia's modification of its nuclear doctrine. The changes to Russia's nuclear policy have created a more uncertain geopolitical environment, which is creating this morning's bearish sentiment. The Biden Administration is looking to deliver billion of promised chip grants and the FTC is preparing action on GOOG & MSFT before his term ends. Kansas City Fed Jeffery Schmit is schedule to speak today. Shares of SMCI are gaining as they have announced BDO as their auditor. Walmart shares are 4% higher after delivering a beat and raising FY guidance. In Europe, stocks have reversed direction and are now lower due to concerns on an expansion of the Russia Ukraine war. Oil prices falling after rising more than 3% on Monday.
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