NewsWare’s Trade Talk: Monday, January 6

S&P Futures are positive this morning with gain in semiconductors after strong earnings report from Foxconn. The key economic data point for today will be this morning's report on Factory Orders which is due out after the opening bell. The annual Consumer Electronics show gets underway this evening with a keynote speech from the CEO of NVDA. Bond yields are ticking higher as market shows concern that the upcoming Trump polices will create inflation. Multiple reports this morning indicate that Canada's Prime Minister Justin Trudeau may resign this week. European shares are mostly higher this morning and oil prices turned higher this morning in the pre market.