NewsWare’s Trade Talk: Tuesday, September 26

S&P Futures are pushing lower this morning. Key catalyst this morning are the comments from Moody's about a possible credit downgrade due to the lack of effective government. Infighting in the republican party over leadership & the debt ceiling bill is putting Moody's credit rating on watch. The Auto works strike is entering its 12th day, without a resolution in sight. China's property sector is in a dire situation as Evergrande was unable to refinance its debt. In Europe, stocks are mostly lower. Oil futures falling due to economic concerns out of China.