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First Call

First Call March 17, 2021

Mar 17, 2021

Thomas Thornton

  • S&P futures down 0.3%, near worst levels, after US equities finished mostly lower on Tuesday as value underperformed. Small caps and energy were among the notable decliners while financials were also pressured.
  • All eyes on today's Fed meeting which is one of the more anticipated meetings in some time
  • Asia and Europe down
  • Treasuries under some pressure with the belly underperforming the wings of the curve.
  • 10-year yields have pushed above 1.66%.
  • The Dollar a bit firmer vs the yen and euro. Bitcoin down 2.5%
  • Gold down 0.2%. WTI crude down 0.9%.
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