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First Call August 9, 2019
- S&P future down 0.5% and a little off morning lows after US equities rallied the most in two months on Thursday, with the S&P and Nasdaq pushing into positive territory for the week. Asian markets mostly higher overnight, though Greater China declined. European markets under some pressure with Italy a notable underperformer. Treasuries mostly weaker with some curve steepening. Dollar lagging both yen and euro, but firmer vs sterling. Gold up 0.3%. WTI crude up over 1%.