A.M. Update
S&P futures are down -0.25% as the stock market is on track for its 4th weekly loss. $5.7 trillion notional in options expires (largest March OpEx in 30 years, 4th largest ever overall) today. The Wall Street Journal reports that the U.S. and its allies have begun operations to reopen the Strait of Hormuz. WTI Crude…
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