NewsWare’s Trade Talk: Wednesday, June 15

S&P Futures are trading higher this morning ahead of today's FOMC announcement. The ECB has called for an unscheduled meeting today to address bond market disruption. Technology and financial stocks are poised to open higher. Oil is lower as President Biden is said to be considering a new tax on oil companies' profits. Major banks now expect the FOMC to raise rates by 75 basis points.