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First Call

First Call June 4, 2021

Jun 4, 2021

Thomas Thornton

  • S&P and Nasdaq futures little changed in Friday morning trading after US equities finished mostly lower, but off worst levels, on Thursday. Stocks currently on track for a mixed performance this week with value faring better than growth.
  • Bitcoin down a little after Elon Musk tweeted a meme that was perceived negative (I can't believe I am writing this)
  • Asian equities mixed overnight with Australia finishing at record highs, Japan snapping a two-day winning streak, and China seeing modest gains.
  • European markets little changed.
  • Treasuries little changed following Thursday's backup in yields on stronger US economic data.
  • Dollar firmer vs euro but weaker vs yen.
  • Gold unchanged.
  • WTI crude up 0.4%.
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