A.M. Update
S&P futures are down -0.6%, pressured by a continued jump in rates, not helped by Retail Sales. Retail sales jumped...
A.M. Update
S&P futures are up +0.5%. Equity futures are positive, reflecting some relief that the weekend did not produce a widening...
A.M. Update
S&P futures are up +0.35% as Treasury yields have pulled back amid a further escalation in the war between Israel...
A.M. Update
S&P futures are up +0.1% off morning highs as yields are off morning lows following the CPI report. The Consumer...
A.M. Update
S&P futures are up +0.35% as long term yields fall more as the war escalates and safe haven bonds are...
A.M. Update
S&P futures are up +0.1% as global markets trade mostly higher following in the U.S.’ footsteps and on hopes China...
A.M. Update
S&P futures are down -0.75% as participants react to the Israel-Hamas war started over the weekend. The bond market is...
A.M. Update – Payrolls Shocker
S&P futures were up +0.2% heading in to the Payrolls report. They are currently down -0.9%, dropping in straight line...
A.M. Update
S&P futures are down -0.3%. Index futures seem a little touchy this morning, certainly tracking inversely to yields still, but...
A.M. Update
S&P futures are up +0.25% and NASDAQ-100 futures +0.4%as yields back down. The 2-yr yield is down 5 basis points...
A.M. Update
S&P futures are down -0.65%, drug lower by higher Treasury yields once again… S&P futures (1m) and 10-year UST futures...
A.M. Update
S&P futures are down -0.3%. Rising Treasury yields are still hanging over the market. The 2-yr yield is up 10...
A.M. Update
S&P futures are up +0.6% which keeps them well within the bearish flag consolidation (rising) scenario. We’ll have to see...
A.M. Update
S&P futures are unchanged. The third estimate for Q2 GDP was unchanged at 2.1% (consensus 2.2%). The third estimate of...
A.M. Update
S&P futures are up +0.35% as yields have backed off. The 2-yr yield is down 8 basis points to 5.06%...
A.M. Update
S&P futures are down -0.6%, contemplating relatively soft mega-cap stocks, a missed interest payment by Evergrande, and the specter of...
A.M. Update
S&P futures are down -0.3% as the 10-year yield is higher this morning. The 2-yr yield is up two basis...
Early Update
10:33 a.m. ET Things are going the way I hoped they would as ex[pressed in yesterday’s Daily Wrap. The gains...
A.M. Update
Index futures are on the rebound this morning with S&P futures +0.35% and NASDAQ-100 futures +0.65% as yields back off....
A.M. Update
S&P futures are down -0.8%, while NASDAQ-100 futures are down -1.2%, pressure by an ongoing rise in yields. Global market...
