NewsWare’s Trade Talk: Tuesday, August 15

S&P Futures are moving lower this morning. Economic data out of China was weaker than expected and is creating a negative catalyst for the markets this morning. This morning the markets will be paying attention to the Retail Sales report. In earnings news, Home Depot released better than expected earnings. In Washington, Speaker Kevin McCarthy said that he expects a "short term" funding measure will be necessary to avoid a government shutdown. In Europe, stocks are falling and oil prices are lower on dollar strength and concerns on China.