NewsWare’s Trade Talk: Monday, June 23

S&P Futures are displaying gains this morning as markets price in the latest Middle East developments. The weekend strike on Iranian nuclear facilities is the key topic of the day as markets focus on possible retaliation from Tehran. President Trump is headed to Europe this week for a NATO summit. On the economic front today, two influential Federal Reserve members are scheduled to speak. Fed Chairman Jerome Powell is scheduled to testify on Capitol Hill tomorrow. Tesla launched its robo taxi service in Austin, TX over the weekend. Bank of New York has express interest in a merger with Northern Trust. On the earnings front KBH is scheduled to report after the bell today.