NewsWare’s Trade Talk: Friday, June 17

S&P Futures are trading higher this morning as the market continues to adjust pricing based on the Fed's recent rate hike. Fed Chairman Jerome Powell is scheduled to speak this morning as he is providing the opening remarks at a conference today. On the data front we have May's industrial and manufacturing production due at 9:15 a.m., and the May leading index at 10 a.m. The Baker Hughes Rig Count is due at 1 p.m.