Morning Dose: Futures Up U.S.-China Trade Talks Eye Opener
A quick analysis of today’s market outlook and key trading opportunities to start your day.
Intro & Market Mood
Good morning traders, and welcome to The Morning Dose – Everything You Need to Know Before the Market Opens! Today, the market is showing a cautiously optimistic start, with futures pointing to a slightly higher open on June 9th, 2025.
Overnight Headlines
- Asia-Pacific markets mostly higher, cheered by U.S. jobs report and U.S.-China trade talks.
- Europe markets slightly lower with trading volumes lighter due to holidays.
Economic Announcements
Key economic data today includes Wholesale Inventories for April and a $58 billion 3-year note auction later this morning.
Earnings Highlights
- Aon: Reaffirms FY25 outlook at Investor Day.
- ArcBest: Notes positive signs for freight segment in Q2 update.
- Cameco: Expects increase in share of Westinghouse’s FY25 Adjusted EBITDA.
Top Movers
- Pre-Market Gainers: EVEX, TOI, CCJ, IONQ
- Pre-Market Losers: PLCE, TGS, TSLA
Quick Trade Ideas
WaveRider AI: Cautiously bullish outlook. Watch levels for SPY and QQQ. Focus on Energy and Technology sectors.
Key Takeaway
Stay vigilant on U.S.-China trade talks impact and key market levels. Monitor volume and watch for opportunities in continuation plays like URGN and anticipation setups like MSFT.
Overall sentiment remains cautiously optimistic. Pay attention to geopolitical uncertainties and tariff-related headwinds affecting certain stocks like Lululemon.
Thanks for joining The Morning Dose – have a profitable trading day!