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First Call

First Call December 30, 2019

Dec 30, 2019

Thomas Thornton

  • S&P futures up 0.1% in Monday premarket trading after the index finished higher last week for the fifth-straight week.
  • Very little going on headed into the end of the year tomorrow.
  • Follows broad weakness in most European and Asian markets, though China and Hong Kong better.
  • Treasuries weaker with the curve steepening, with 2-10 spread widest since Oct-18.
  • The dollar is weaker against the euro and yen. Gold down 0.2%. WTI crude up 0.6% after finishing higher for a fourth-straight week last week.
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