NewsWare’s Trade Talk: Monday, September 25

S&P Futures are trader slightly lower this morning but are well off this morning earlier lows. Key factor today is the Chinese property sector as one of the major firms will likely be forced to liquidate. The Auto works strike continues without any progress over the weekend. Writers Guild struck a deal last night with movie and tv producers to end their strike. A governmental shutdown remains a possibility if no progress is made this week. Markets remain anxious and Friday's PCE data report will be a reoccurring topic this week. In Europe, the major indexes are lower. Oil futures are gaining this morning due to increased fuel demand out of China.