NewsWare’s Trade Talk: Thursday, March 9

S&P Futures are trading slightly lower this morning as traders weigh the possibility of a 50 basis point hike in interest rates at the upcoming FOMC meeting. Traders are now pricing in a 76% probability of a 50-basis-points hike in March, up from 31% a week ago. This morning's Jobs report will be closely watched and after the bell, watch for earnings from GPS, MTN, DOCU, ULTA, and ORCL.