S&P Futures are trading slightly higher this morning after Wednesday’s sell-off, which was triggered by a spike in Treasury yields amid concerns about a significant expansion in U.S. fiscal debt. The House is expected to pass Trump's tax and spending bill this morning; the vote is currently underway. Robert F. Kennedy Jr.’s “Make America Health Again” report is expected to be released today. Health insurer stocks are under pressure this morning following the Centers for Medicare & Medicaid Services’ announcement of expanded audits of Medicare Advantage plans. AT&T has agreed to acquire substantially all of Lumen Technologies’ mass markets fiber business for $5.75 billion in cash. Reports on Jobless Claims and the flash PMI report for May will be released today. On the earning front SNOW, URBN, ZM & AAP are higher after their releases. After the bell today earnings reports from INTU, WDAY, ADSK, CPRT, ROST and DECK are set to report.

S&P Futures are trading lower this morning. There are news reports indicating that Isreal is preparing to launch a strike on Iran. In March, President Trump gave Iran a 60-day deadline to reach a deal, that deadline has passed. House Republicans appear close to passing their reconciliation bill, The Senate will likely make changes to the bill. If the bill passes in the House and Senate, it will likely be a negative for markets as it will increase the deficit. Yesterday, President Trump unveiled a missile defense plan, LHX shares are higher. Medtronic plans to separate its diabetes business into a stand-alone company. Take Two announced a $1 Billion stock offering. KEYS, BIDU, & LOW are higher after earning announcements. After the bell today SNOW, ZM and URBN are set to report. On Thursday morning ADI, BJ & RL will repor

S&P Futures are trading lower this morning as the markets showing concern on the U.S. fiscal policy with President Trump's tax bill in focus. This morning, President Trump is scheduled at the House GOP Conference Meeting in an attempt to unify Republicans behind his sweeping tax and spending bill. His visit comes at a pivotal moment, as GOP leaders face significant internal divisions over the bill’s provisions and its impact on the national deficit. Several fed members are schedule to speak this morning, odds of the next rate cut are being pushed back to Sept. HD, BILI & PONY are displaying gains this morning after earning announcements. After the bell today KEYS and PANW will be releasing. A host of retailors are scheduled to report earnings tomorrow morning including TJX, TGT & LOW.