NewsWare’s Trade Talk: Wednesday, May 4

S&P Futures are positive in the premarket. Volatility is likely later this afternoon as the Federal Reserve is expected to deliver the first 50 basis-point interest rate hike since 2000. Key market moving comments are likely to be made by Fed Chief Jerome Powell at his press conference which is scheduled to start at 2:30 pm ET. This morning there are a host of economic reports due out that the will be paying attention to. After the bell today we have earnings from FSLY, SAVE, JAZZ, ETSY, QRVO, GDDY, TWLO, ALB, EBAY, UBER and more.