NewsWare's Trade Talk: Wednesday, June 26

S&P Futures are indicating a move higher this morning as gains continued to be seen in the semiconductor sector. Nivida is scheduled to hold its shareholder meeting at noon ET. The economic data on New Home sales is due out after the opening. Southwest Airlines (LUV) issued a guidance warning this morning. RIVN shares are higher on news of a joint venture with Volkswagen. Volkswagen to invest $1B. Whirlpool (WHR) & Vista Outdoor (VSTO) are also trading higher on takeover speculation. In Europe, markets are mostly higher as tech and energy stocks are higher. Oil prices are trading higher ahead of this morning's stockpiles release from the EIA.