NewsWare’s Trade Talk: Monday, July 8

S&P Futures are flat to lower this morning in what is expected to by a busy week in the financial markets. Fed Chairman Jerome Powell will be speaking to lawmakers on Capitol Hill this week. Key inflation reports are due out (CPI & PPI) and the Q2 earnings season gets underway. PARA agreed to a merger deal. Shares of BAX are higher as Carlyle is in talks to buy kidney care unit. Boeing has agreed to plead guilty. In Europe, markets higher as election result come in. Oil prices are falling as due to the weakening hurricane and geopolitical issues.