NewsWare's Trade Talk: Friday, June 14

S&P Futures are headed for a weaker opening this morning as markets in Europe slide. MSC Industrials issued a profit warning overnight, which is an indication of the state of growth in the economy. ADBE reported positive earnings overnight. ARM is being added to the NASD-100 index. Economic calendar is rather light this morning. In Europe, markets are lower as political concerns in France have indices non edge. Putin is said to have outlined conditions for peace talks with Ukraine which comes after G7 support yesterday. Oil prices have reversed course and are now trading higher.