NewsWare’s Trade Talk: Tuesday, September 27

S&P Futures are indicating a move higher by over 1% this morning. The major benchmark indices have declined for multiple consecutive sessions as traders continue to retreat amid higher interest rates and growing recession concerns.  Fed Chair is scheduled to speak this morning and will likely continue the narrative of whipping inflation at all costs.  There are a host of key economic reports due out this morning and President Biden is scheduled to speak today at 1:15.  Oil prices are trading higher as Hurricane Ian continues to grow.