First Call March 2, 2021

Mar 2, 2021 | First Call

  • S&P futures down 0.2%, off worst levels, after US equities, rallied sharply to start the month of March on Monday with the S&P up the most since last June. Growth and momentum outperformed through value also did well and all sectors were higher on the session.
  • Added to First Call note going forward - DeMark observations within Euro Stoxx 600 index
  • Bond bullish sentiment remained unch at 18%
  • Asian equities weaker overnight with China and Hong Kong both down over 1%.
  • European equities are narrowly mixed.
  • Treasuries are mostly firmer with the belly outperforming the wings.
  • Dollar stronger on the major crosses.
  • Gold up 0.3%.
  • WTI crude up 0.2%.