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NewsWare‘s Trade Talk

NewsWare‘s Trade Talk

Business:Investing

NewsWare’s Trade Talk: Wednesday, May 18

NewsWare’s Trade Talk: Wednesday, May 18

2022-05-18
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S&P Futures are weakening this morning. Oil stocks remain bullish as demand from China is expected to increase as the lockdown mandates come to an end. Retail stocks are bearish as TGT delivered a miss on earnings due to inflationary issues. Markets will continue to digest Fed Chair Jerome Powell's comments. Also, this morning is the Housing Starts & Building Permits report.

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