NewsWare’s Trade Talk: Thursday, June 29

S&P Futures are moving higher in the pre-market. In today's session, we have some key economic reports being released 9GDP & Jobless Claims), Fed Chair Powell is speaking on financial stability today. Gains are being seen in banking stocks, Chip makers and travel related stocks. All 23 banks that participated in the Fed's stress test passed. Micron released positive earning and airlines and autos are mostly higher this morning. European markets mixed to higher and oil futures are slightly higher.