NewsWare's Trade Talk: Friday, February 16

S&P Futures are indicating another move higher with AI stocks leading the move. AMAT delivered a bullish earnings report yesterday after the bell which is supporting the AI narrative of future growth. As a result, we are seeing Nasdaq futures trade higher this morning. Before the bell this morning there are a number of important economic data points scheduled for release. In Europe, stocks are higher with gains in the auto, banking and tech sectors are positive. Oil prices are lower this morning after closing yesterday with a strong 1.5% gain.