NewsWare's Trade Talk: Friday, March 1

S&P Futures are flat to higher. Last night's earnings reports were mostly positive, but there is a caution in the air. This morning manufacturing and construction spending reports should set the tone for today. New York Community Bancorp announced "material weakness" in some internal controls is sending the stock lower. The cease fire talk between Israel & Hamas have stalled. DELL, NTAP & ADSK are showing strong gains after earnings releases. In Europe, stocks are trading higher with tech stocks gaining. Oil prices are trading higher by more than 1% this morning.