NewsWare’s Trade Talk: Wednesday, June 21

S&P Futures are trading slightly higher this morning in advance of Fed Chair Jerome Powell's testimony on Capitol Hill this morning. In his press conference last week, Powell display a rather hawkish tone. Automobiles and Crypto stocks are trading higher in the pre-market. FDX is lower after posting a drop in revenue for the 3rd straight quarter. European markets are trending higher and oil futures are also positive this morning.