S&P Futures are falling along with global markets. President Trump's announcement of tariffs on Canada, Mexico & China is seen as inflationary, and concerns of a trade war are escalating. Auto stocks are being hit hard as they play a key role in the automobile supply chains. Canada has already hit back with tariff on U.S goods, Mexico and China have indicated that they will soon be reacting to Trumps tariff action. After the bell today watch for earnings from PLTR, NXPI, CLX & RMBS. The key economic report today is the ISM Manufacturing PMI due out after the opening bell. European markets are falling as Trump indicated that he is planning tariffs on the EU. Oil prices are gaining ahead of this morning announcement and indications that a production hike is not imminent.

S&P Futures are showing gains this morning due to another round of tech earnings. AAPL, V, KLAC & INTC are higher after earnings reports. Next week we have earnings reports from PLTR, PFE PEP MRK, AMGN, AMD, GOOG, DIS UBER QCOM BABA HON & AMZN. President Trump is expected to announce tariffs on Canada and Mexico tomorrow. Commodity-related stocks are in focus today. Before the opening bell today, the personal-consumption expenditures price index is due out. European markets are slightly higher and oil prices are slightly lower.

S&P Futures are showing gains this morning as earnings roll in. IBM, TSLA & META are higher after earnings reports. After the bell today INTL, KLAC, V & AAPL are scheduled to report. Fed indicates that they are in no rush to cut rates and remains data dependent, a march cut appears unlikely at this time. GDP & Jobless Claims reports are the key economic reports for this morning. Banks, Semis and retail sectors are displaying positive action in the pre-market. European markets are higher ahead of this morning ECB announcement and oil prices are climbing moving from red to green.

S&P Futures are trading modestly higher with earnings and a Fed announcement in focus. ASML, TMUS, ADP GD GLW SBUX & FFIV are higher after earnings reports. After the bell today MSFT, TLSA and META are scheduled to report. An Fed announcement is due today, no changes in interest rates are expected. Powell press conference will likely create some volatility. The White House said Tuesday that President Trump still plans to impose tariffs on Canada and Mexico on Saturday. Drug sector on watch as the RFK jr nomination hearings are underway. European markets are mainly higher this morning and oil prices are off by -0.75%.

S&P Futures are trading higher as tech stocks are showing gains as yesterday's selling pressure appear to be overdone. Markets are indicating that the DeepSeek news is unlikely to cause a major change in CapEx spending. Moves like yesterday are rarely limited to a single session. Drug stocks are lower this morning as Trump talked tariffs on pharma industry and ahead of the RKF jr. nomination process. Trump also indicated the MSFT is a potential bidder for TikToc. On the earnings from RCL & GM are higher, BA, RTX & LMT reports are still pending. FOMC meeting starts today with an announcement tomorrow morning. European markets are cautiously higher this morning and oil prices are higher by +0.75

S&P Futures are down hard this morning with significant weakness in tech shares. DeepSeek, a Chinese AI start up is said to have a large language model which is highly comparable to OpenAI model, but uses lower end chips. Trumps threat of 25% tariffs on Columbia is no longer in play as Columbia agrees to take back repatriated migrants. There are two key central bank meetings this week (FOMC & ECB). Host of big earnings this week, tomorrow morning BA, JBLU, LMT & RTX are set to report. European shares are lower, yet some sectors are positive. Oil prices are slightly lower this morning -0.30%.

S&P Futures are trading slightly lower with continued weakness in semiconductors. Key event today will be the flash PMI data due out before the bell. Earnings are in focus with multiple big tech stock set to report next week. Boeing preannounced its earnings which were negative due to the union strike. Twillo announced a big share buyback at its investor's day. European shares are mainly higher on Eurozone PMI data & oil prices are higher by +0.30% this morning.

S&P Futures are trading slightly lower this morning due to weakness in semiconductors. Markets are questioning the numbers and the timing of the recently announced Stargate Project. Key event today will be President Trump's speech today at Davos summit. Trump is schedule to speat at 11:00 am ET. His interview last night was rather uneventful as the focus was on his issues with former president Biden and FEMA. Central Bank meetings are on watch, the BOJ will make an announcement tomorrow, FOMC announcement on Jan 29th, and the ECB announcement is scheduled for Jan 30th. Earnings beats came in from ALK, DFS, GE, and MKC. After the bell today TXN and ISRG will report, and tomorrow morning AXP & VZ will report. European shares are mixed to higher & oil prices are higher by +0.50% this morning.