NewsWare's Trade Talk: Friday, June 20

S&P Futures are lower this morning as geopolitical issues in the Middle East continue to weigh on the market's sentiment. News reports that President Trump's plans to make a decision in two-week on potential U.S. military action against Iran has yet to turn markets higher.  President Trump is schedule to hold a national Security meeting later this morning. Fed policy remains on hold as officials continue to wait for inflation data to move higher due to the Trump Tariffs. Fed officials now see slower GDP growth, higher unemployment and more inflation this year versus the previous projection. On the earnings front, KR, ACN, DRI & KMX are scheduled to report this morning.