NewsWare's Trade Talk: Thursday, February 8

S&P Futures are slightly lower this morning. Multiple companies delivered earnings beats since yesterdays close including ARM, BLBD, DIS, EFX, PAYC, RPD & WYNN. This afternoon we will be hearing from CPRI, MHK, AFRM, EXPE, PINS, NET & TTWO. Markets will be keeping an eye on Capitol Hill today. Tres Sec Janet Yellen will testify at a Senate Banking committee hearing. Pharma CEO's will be appearing before a Senate panel on prescription drug prices. The Supreme Court is hearing arguments today whether Trump can be disqualified from running of office. In Europe, stocks are mainly higher. Oil prices are showing gains of approximately 1%.