NewsWare’s Trade Talk: Monday, July 3

S&P Futures are trending higher this morning ahead of a shortened trading day today. Trading volumes are expected to be light today. While it is a quite week on the earnings front, Economic and Energy data will be making headlines. This week we have the Fed meeting minutes being released on Wednesday and the Non-Farms payroll report on Friday. In Energy news, there is an OPEC meeting this week and an announcement is expected on Thursday. Plus Treasury Secretary Janet Yellen is off to China on Thursday. European indexes are higher and oil prices are showing gains this morning.