NewsWare’s Trade Talk: Tuesday, March 15

S&P Futures are trading slightly higher this morning, but the markets are dealing with multiple negative catalysts this morning. Rising Covid-19 cases in China, coupled with worries over the Ukraine war and a possible interest-rate increase by the Federal Reserve this week all have the potential to disrupt the markets today. Oil prices tumbled below $100 a barrel to levels not seen since before the Russian invasion of Ukraine three weeks ago, as investors reassessed the huge run-up in prices seen in recent weeks. Major airlines are reporting positive data this morning from an industry conference.