NewsWare’s Trade Talk: Friday, November 11

S&P Futures are moving higher this morning. The market is extending yesterday's gains on the expectations that the softer CPI print will lead the Federal Reserve to hit the brakes on rate hikes. The Bond market is closed today for Veterans Day. Health authorities in China said the government was shortening the time travelers must stay in quarantine and curtailing mass testing, among other steps. As a result, oil prices have moved up more than 3% this morning.