NewsWare’s Trade Talk: Thursday, October 6

S&P Futures are lower this morning & bond yields are on the rise . Comments from Fed officials reiterating the need for higher rates and the release of Jobless claims today and tomorrow's Non-Farm payrolls report have traders on edge. Oil prices have reversed course and are now trading lower on the day. European markets have also turned negative on the day. Shares of LLY are trading higher as the FDA granted Fast-Track designation for its obesity treatment.