MORNING MINUTE MAY 25th EQUITIES, FUTURES & OPTIONS

Morning everyone. Darren at Leviathan Financial. , so, uh, positive numbers out of Nvidia last night. saw them jump 20% after hours. , is helping support the S&P this morning. Your futures will be up 23 odd points when you come in. And this is in the face of we’ve had, weaker than expected GDP out of Germany, which.
Is, showing that the German economy is heading into recession there, . Anyway, uh, we are obviously still awaiting resolution to the debt limit fiasco. , it’s still seems like a low probability event. That we will default, but obviously the closer we get to the date that we run outta money, the more chance there is of that happening.
But still both sides seem to be confident that that is something we will avoid. , today we have, uh, the second reading of [00:01:00] GDP, FED President Tom Barkin and pending home sales and FED president Susan Collins speaking later on. , the indication from the Fed is that we are data dependent, so that will indicate the next, direction of rates and whether or not there is more. In them. It seems like the Fed wanna raise rates more to really put a nail in the inflation coffin and we’ll get more indications on that. Tomorrow’s PCE number, the Fed’s favorite inflation gauge. But, uh, for the moment, keep an eye on the news wires for the latest on the debt ceiling. And other than that, have good luck everyone, and have a great day travel.