NewsWare’s Trade Talk: Thursday, June 13

S&P Futures are flat to higher this morning ahead of this mornings PPI report for May. President Biden is in Italy for the G7 summit, Ukraine, AI risks & migration issues being discussed. TSLA has its shareholder meeting after the bell where a vote is being held on Musk's $56B pay package. AVGO released positive earnings last night along with a 10 for 1 stocksplit news. In Europe, markets are lower as industrial output declines. Oil prices are falling as traders start to price in the unexpected rise in stockpiles data and the fed's projections on interest rates.