NewsWare’s Trade Talk: Friday, March 25

S&P Futures had been trading lower all morning, but have recently turned positive trading indicating a higher opening today. The U.S agrees to a distribution deal with the E.U. for natural gas. Oil futures are lower by more than 2% and the Fed continues to suggest that they will be able to hike interest rates without causing a recession. Data for Friday includes the University of Michigan's gauge of consumer sentiment for March and pending home sales for February, both due at 10 a.m. Also, investors will hear from New York Fed President John Williams, San Francisco Fed President Mary Daly, Richmond Fed President Tom Barkin and Fed Gov. Christopher Waller.