NewsWare's Trade Talk: Tuesday, July 2

S&P Futures are lower this morning as markets awain economic data and comments from Fed Chair Jerome Powell. This morning we hav ethe JOLT's report scheduled for release and Fed Chairman Powell is scheduled to speak this morning at 9:30 am at the ECB conference in Portugal. Tesla release weak EV sales data this morning. Barry Dillard is said to be considering a bid for PARA. Bank stocks are raising divided payments after passing the Fed's latest stress test. In Europe, markets are lower as pending election and comments from ECB officials on interest rates is weighing on the markets. Oil prices continue to deliver gains. Hurrican Beryl, Middle East tensions and expectations of elevated summar demand are helping to keep prices higher.