NewsWare’s Trade Talk: Thursday, July 13

S&P Futures are displaying positive action ahead of this morning's PPI release. Earnings season is starting, this morning DAL & PEP are higher on positive results. Chinese regulators seem to have ended their tech stock probe sending Chinese stocks higher. Bank stocks are positive ahead of earnings announcements tomorrow and chip stocks are gaining. European indexes are higher and oil prices are trading flat to marginally this morning ahead of this morning's stockpiles report.