NewsWare’s Trade Talk: Thursday, October 17

S&P Futures are indicating a strong start to this morning's trading session. The positive earnings report for TSM is creating bullish sentiment for the sector. Shares of Expedia are trading higher as UBER is said to be considering a takeover. After the bell today, NFLX is scheduled to report earnings. China's economic briefing did little to boost sentiment on its troubled real estate sector. The ECB rate decision is this morning, expectations are for a 25 basis point cut. In Europe, markets are higher with autos banks and luxury stocks showing gains. Oil prices are flat to higher.