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US Futures Near All Time High Tied by Fed

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Futures in green  after the FED indicates that it is ready to raise interest rates next month if it thinks that there is a risk to the global and local economy.

The S & P 500 and Dow Jones are at 0.6% of all time highs that were late in April and the bonds sank because of the FED's dovish tones.
Representatives of China and the United States will resume trade talks in line with the wishes of their leaders, but China hopes that the US will create the necessary conditions for dialogue, the Chinese Commerce Department said.

Dow will open 0.79% green, the S & P 500 e with 0.83% increase, and NASDAQ is up 1.22%.

Premarket:

Apple (AAPL.US) is up 1.2% after Evercore ISI analysts upgraded the iPhone's pricing target, commenting that investors underestimate the growth potential of the corporation.

Boeing (BA.US) is up 1.4% after the company received a request for 200 737 MAX from British Airways (ICAG.US)

Oracle Corp (ORCL.US) is up 6.1% after a great report and growth in corporate sales of 1Q.

Carnival (CCL.US) sank by 7.2% after the company lowered its earnings expectations after the ban on Cuba's trips to the Trump administration.

 

 


 Trader Velizar Mitov

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