First Call: June 7, 2019

Jun 7, 2019 | First Call

S&P futures up 0.25% after US equities finished higher for a third straight session on Thursday. The SPX has now moved ~125 points or nearly 4.5% trough-to-peak since 6/3.  Fade don't chase.  Asian markets mostly higher overnight, though China, Hong Kong and Taiwan all closed for holiday. European markets seeing good gains. Treasuries little changed. Dollar firmer vs both yen and euro. Gold down 0.3%. WTI crude up 1.5% (more talk of OPEC+ extending cuts)