A.M. Update

S&P futures are down -0.5%, nearly retracing the week’s gains, and Nasdaq-100 futures are down -0.9%.. Semis are weak in pre-market. WTI crude oil futures are up +1.5% as this week’s UN session has failed to produce any notable headlines of progress between the U.S. and Iran. Yields are mixed: 5Y -5 bps; 10Y -1…