NewsWare’s Trade Talk: Monday, October 9

S&P Futures are trading loser this morning ahead as Israel declares war on Palestine after weekend attacks by Hammas. Any increase in middle east creates volatility due to concerns that oil supply chain may be impacted. Treasury markets are closed today due to the Columbus Day holiday. Earnings season will start later this week. JPM C and WFC are all releasing on Friday. In Europe, stocks are mostly lower this morning as geopolitical tensions have the markets concerned, oil prices are spiking in the pre market.