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First Call

First Call November 17, 2020

Nov 17, 2020

Thomas Thornton

  • S&P futures down 0.6%, near worst levels, after US equities rallied on Monday with upside leadership from value and cyclicals on the back of the last upbeat vaccine headlines.
  • Asian markets mostly higher overnight though the upside was limited. Japan outperformed while China and South Korea ended lower.
  • European markets mostly lower.
  • Treasuries little changed to firmer with the curve flattening.
  • Dollar weaker on the major crosses.
  • Gold down 0.1%. WTI crude down 0.3%
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