NewsWare's Trade Talk: Monday, April 21

S&P Futures are trading lower this morning however the liquidity is rather low as most exchanges across the globe remine closed for the Easter holiday. Tariff and trade talks remain the key factor for the markets. Discussions on tariffs with South Korea and India are scheduled for this week. President Trump continues to press Fed Chair Powell to lower interest rates which Powell is reluctant to due ahead of a possible increase in inflation this summer. The Justice dept antitrust trial continue today. NFLX is higher this morning after announcing positive earnings results on Thursday. China is warning countries not to make trade deals with the U.S. Huawei Technologies plans to start mass shipments of its AI chip to Chinese customers which is negative for NVDA. The week ahead is a big week for earnings announcements, reports from MMM, MCO, LMT KMB, RTX, VZ, SAP & TSLA are scheduled for tomorrow.