NewsWare’s Trade Talk: Wednesday, June 28

S&P Futures are slightly lower this morning after yesterdays strong move higher. The White House is said to be considering a ban on the sale of AI chips to China. Fed Chair Jerome Powell is schedule to speak this morning at 9:30 am ET at the ECB summit. The Fed is expected to release the results of its stress test on the country's largest banks today. Economic data out of China overnight showed another decline in Industrial profits. European markets are mostly higher and oil futures are positive this morning.