NewsWare's Trade Talk: Thursday, May 9

S&P Futures are flat to lower and in need of a spark. ARM's forward guidance has markets concerned. APP beat forecasts And COST delivered positive same store sales data after the bell yesterday. In focus this morning is the Weekly Jobs data and a monetary policy announcement from the BOE. In Europe, markets are mainly higher with gains in autos and energy stocks. Oil prices are positive this morning due to China's trade data and continued optimism over the recent stockpiles report.