First Call: May 2, 2019

May 2, 2019 | First Call

S&P futures up 0.1% after US equities finished lower on Wednesday, reversing earlier gains. Asian markets mostly higher, though activity was depressed with both China and Japan closed for holiday. European markets largely on the defensive, though Germany outperforming. Treasuries weaker with curve extending its post-FOMC flattening move. Dollar not doing much on the major crosses. Gold off 0.9%. WTI crude down just over 1%.