A.M. Update

S&P futures are down -0.2%, Russell 2000 futures are down -0.6% and the Tech-heavy NASDAQ-100 is down less than -0.1%. Concerns over the regional bank industry are back at the fore. PacWest (PACW) shares plunged on a Bloomberg report that the bank is mulling strategic options including sale. Relative strength in some mega cap stocks is…