NewsWare‘s Trade Talk: Monday, December 20

S&P Futures are indicating a lower opening today of more than 1 percent. S&P futures have moved off their earlier pre-market lows, but remain firmly in the red. Asian markets dropped, and European markets are sliding lower this morning. Goldman cut its U.S. GDP forecast, and Biden economic agenda appears to be in doubt. This afternoon we have quarterly earnings reports from Micron Technologies and Nike.