First Call

First Call April 23, 2020

Apr 23, 2020

Thomas Thornton

  • S&P futures little changed in Thursday morning trading after US equities rallied on Wednesday in the wake of some selling pressure early in the week.
  • US Jobless Claims out in a few minutes.
  • Asian markets mostly higher overnight with Japan the standout, though China saw a modest pullback.
  • European markets mostly higher.
  • Treasuries are narrowly mixed.
  • Dollar seeing good gains vs euro but weaker vs yen.
  • Gold up 0.8%.
  • WTI crude up 11.9% after jumping nearly 20% on Wednesday. However, still down nearly 40% for the week.
  • USO the troubled Oil ETF announced a 1x8 reverse split
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