First Call March 10, 2021

by | Mar 10, 2021 | First Call

  • S&P futures up 0.1% in Wednesday morning trading after US equities finished higher on Tuesday on the back of a big bounce in growth and momentum factors.
  • Big tech, semis, growth software, and ARK names among the standouts.
  • Treasuries slightly weaker with some curve steepening. Supply in focus again today with a $38B sale of 10-year notes.
  • Inflation another potential driver with February CPI out this morning.
  • Dollar firmer vs yen while little changed on the euro cross.
  • Gold off 0.4%.
  • WTI crude up 0.5%.
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