Reply To: Traders Market Weekly: The Fed, Weed and Guns

#40450
Truman
Participant

The futures for the major indices have pulled back some from their highs.

The S&P 500 futures are up 27 points and are trading 0.7% above fair value.
The Nasdaq 100 futures are up 114 points and are trading 0.9% above fair value.
The Dow Jones Industrial Average futures are up 274 points and are trading 0.9% above fair value.

WTI crude oil futures rose above $100.00/bbl, up 3.8% to $101.35/bbl. Natural gas futures are up 4.1% to $7.21/mmbtu. Unleaded gasoline futures 2.4% $3.28/gal.

Treasury yields are also on the rise ahead of the open. The 2-yr note yield is up four basis points to 3.17% while the 10-yr note yield is up six basis points to 2.99%.