NewsWare’s Trade Talk: Friday, October 7

S&P Futures are flat to lower in cautious pre-market trading this morning. All eyes are waiting for this morning's Non-Frams payrolls report. Expectations are for a slight increase in hiring, but lower than last month.  Semiconductor stocks are weak as AMD cut its revenue forecast.  Draft Kings is close to signing an exclusive arrangement with Disney-owned ESPN. The Biden administration are considering multiple options to help lower oil prices after Saudi Arabia and OPEC+ announced production cuts earlier this week.