Eyes on Volatility Entering Thursday Trade as Trump eyes Economic Shakeup

Market Overview - The market experienced a strong day, with technology lagging behind while energy performed well [2][5] - The S&P 500 is currently trading within a range of approximately 6790 to 6850, with bulls aiming to break above 6875 to gain confidence in a market uptrend [4][5][26] - Volatility is decreasing, currently around 16, indicating a potential 1% market movement either way [6][7] Company Earnings - Snowflake: The company reported revenue of $1.21 billion, exceeding expectations of $1.18 billion, and adjusted earnings per share of 35 cents, beating the forecast of 31 cents. However, concerns arose over decelerating non-GAAP operating margins [14][15][16] - Salesforce: Revenue came in at $10.26 billion, slightly below expectations of $10.27 billion, but adjusted earnings per share beat estimates. The company provided guidance for fiscal year 2026 revenue between $41.45 billion and $41.55 billion, which is an increase from previous reports [20][21][23]