NewsWare’s Trade Talk: Thursday, August 24

S&P Futures are positive this morning with tech stock in focus as NVDA delivered strong earnings overnight. Market will soon turn its focus to tomorrow speech by Fed Chair Jerome Powel. Chairman Powell is expected to continue to his message that the inflation battle is far from over and the rates need to remain elevated for some time. In Europe, the major indexes are showing gains & oil prices are slightly higher as the dollar has weakened.