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First Call January 7, 2021
- S&P futures up 0.5% with Nasdaq futures up 0.8% after US equities finished mostly higher on Wednesday with value and cyclicals rallying while growth and momentum factors came under some pressure.
- Treasuries narrowly mixed with more curve steepening following a big backup in bond yields in the prior session that saw 10-year yields push above the 1% level for the first time since March.
- Dollar seeing good gains vs both the yen and euro.
- Gold up 0.6%.
- WTI crude up 0.4%.