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First Call

First Call February 6, 2020

Feb 6, 2020

Thomas Thornton

  • S&P futures up 0.25% off highs after US equities extended their recent rally in prior session with S&P and Nasdaq closing at record highs.
  • US-China trade, coronavirus, politics, and earnings getting most of the headlines this morning
  • Asian equities sharply higher overnight with Japan, Hong Kong, and Korea up over 2%, while China gained more than 1.5%.
  • European markets posting solid gains.
  • Treasuries are slightly firmer.
  • Dollar little changed vs yen and euro.
  • Gold up 0.4%. WTI crude up 1.1% after gaining more than 2.0% on Wednesday.
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