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First Call March 11, 2020

by | Mar 11, 2020 | First Call | 0 comments

  • S&P futures down 2.5%, though off worst overnight levels after US equities rallied sharply on Tuesday with the major indexes all up nearly 5%.
  • S&P recorded its biggest one-day gain since late-December 2018.
  • Asian markets weaker overnight with Japan, South Korea and Australia the worst performers, all down over 2%.
  • European equities seeing gains but off highs.
  • Treasuries firmer with the curve steepening.
  • Dollar weaker on the major crosses.
  • Gold up 0.4%.
  • WTI crude down 3.1% after jumping almost 10.5% in prior session following Monday's nearly 25% selloff.
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