NewsWare's Trade Talk: Wednesday, March 5
Episode description
S&P Futures are moving higher this morning as Commerce Sec indicated that the Trump Administration may announce a tariff reduction on Canada and Mexico today. European markets are displaying a strong upside move on new spending plans out of Germany. China talked stimulus action in the Two Sessions meeting. Trumps address to a joint session of Congress did not provide any new details of his economic plan and did not indicate a possible tariff reduction announcement on Canada and Mexico. CRWD earnings announcement disappointed the markets and shares are lower. After the bell today, MRVL, VEEV, ZS & MDB are scheduled to release. Jazz Pharmaceuticals to acquire Chimerix for $8.55 per share. evening. ECB rate announcement is scheduled for tomorrow. Congress remains challenged to advert a government shutdown next week as funding runs out on March 14th.