NewsWare’s Trade Talk: Wednesday, March 6

S&P Futures are higher this morning ahead of a key speech by Jerome Powell this morning. Tech stocks are positive as CRWD delivered positive earnings results last night. In addition to Powell there are a host of other Fed officials speaking today whose commentary is expected to be in step with Fed Chairman Jerome Powell. Employment data is on watch this morning with the ADP employment and the JOLTs reports scheduled for release. In Europe, stocks are gaining on positive export data out of Germany and expectations of tax cuts in the U.K. Oil prices are higher as Hamas is pushing for a ceasefire in the Middle East and price hikes from Saudi Arabis to Asia.