NewsWare’s Trade Talk: Tuesday, September 13

S&P Futures are continuing to trade higher this morning. The positive sentiment is due to this morning's inflation report (CPI)  which is scheduled for release 1 hour before the market opens. Economists expect the year-over-year CPI level to dip to 8% from 8.5%. As a result, we ae seeing lower bond yields this morning. The Iran Nuclear talks appear to be at an impasse and President Biden signed an executive order creating a National Biotechnology and Biomanufacturing Initiative to ensure that critical biotechnologies invented in the U.S. are developed and manufactured in the U.S.