NewsWare’s Trade Talk: Tuesday, November 1

S&P Futures are pointing towards a strong opening this morning as sentiment is positive.  Traders are anticipating the Fed to indicate a slowdown in rate hikes after this week's Federal Reserve meeting. This morning we have economic reports due out on manufacturing & labor demand, plus a host of earning reports that are likely to help push the market higher. Oil is higher on expectations that China will soon announce the easing of Covid 19 restrictions.