NewsWare’s Trade Talk: Friday, June 23

S&P Futures are pointing to a lower opening this morning. With a number of Central Banks raising interest rates on Thursday and the continuing hawkish comments from Fed Chair Powell are resulting in weakness this morning. On deck is a key Economic report (PPI) and Fed Speak. MMM is higher on legal settlement news. SPCE is off as the company announce plans to raise 400m by selling more shares. European markets are trending lower and oil futures are continuing to show weakness down more than 1% in the pre-market.