First Call March 24, 2021

Mar 24, 2021 | First Call

  • S&P futures up 0.4% after US equities finished lower on Tuesday with value extending its recent underperformance vs growth and momentum.
  • Asian markets came under some pressure overnight with Japan and Hong Kong both down over 2%.
  • European markets are weaker.
  • Treasuries are mostly firmer with the curve continuing its recent bull flattening trend. More supply today with a $61B auction of five-year notes.
  • Dollar stronger on the major crosses.
  • Gold up 0.4%.
  • WTI crude up 2.9% after falling more than 6% on Tuesday.