NewsWare’s Trade Talk: Friday, June 24

S&P Futures are moving higher this morning as bond yields are cooling. The economic spotlight for Friday will be on the final reading of the University of Michigan's consumer sentiment index, part of the reason the Fed opted for a 75 basis point rate hike at its recent meeting, instead of 50 basis points. That data is for release at 10 a.m., along with new home sales for May.  Oil prices are higher and Asain and European markets are positive.