NewsWare’s Trade Talk: Wednesday, April 27

S&P Futures are showing strong gains this morning suggesting that the major equity indexes could regain some ground after the steep, tech-led selloff in the previous session. Markets in Asia rallied due to a stimulus announcement in China. Markets continued to digest recent earnings reports and weighed concerns about inflation. This afternoon we will have results from FB, QCOM, AMGN, PYPL, F, LVS, PINS, HTZ, and others. In commodities action, there is a price spike in natural gas prices as Russia halted the flow to Poland and Bulgaria as Russia is demanding payment in rubles rather than in dollars or euros.