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NewsWare's Trade Talk: Tuesday, June 11
Manage episode 423010980 series 3349023
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S&P Futures are indicating a weaker opening this morning as caution appears to be dominating the markets sentiment. There are a number of upcoming catalysts that the markets are watching including the latest Federal Reserve interest rate decision, CPI data and key economic data due out from China tomorrow. LLY is higher after receiving a positive panel review of its experimental Altizer's drug. AAPL is falling as momentum into its WWDC event fades. Israel's El Al is said to be in talks with BA to purchase 30 737 Max planes. In Europe, markets attempted a bounce back, but the early morning gains could not hold. Oil prices are giving back some of yesterdays gains ahead of this morning OPEC report.
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