NewsWare’s Trade Talk: Thursday, March 17

S&P Futures are trading slightly lower this morning giving back some of yesterday's gains. This morning the market will continue to digest the latest announcement from the Fed and it will have a host of economic reports to decipher. Housing Starts for February; Weekly Jobless Claims; Industrial Production for February are all due out this morning before the bell. The Bank of England will be releasing an update to its monetary policy later this morning. After the bell today we have earnings reports due out from Federal Express and Gamestop.