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First Call: May 15, 2019
S&P futures down 0.6% after US equities rallied on Tuesday, reversing some of a big Monday selloff that saw S&P suffer biggest decline of 2019. Asian markets higher overnight with China a standout, gaining nearly 2%. European markets weaker. Treasuries seeing good gains across the curve. Dollar back on the defensive against the yen, but better on euro cross. Gold up 0.3%. WTI crude down ~1% following another 8M+ barrel inventory build.