Reply To: Traders Market Weekly: Fed, Inflation and Profit Warnings


Equity futures extended their losses ahead of the open.

The S&P 500 futures are down 48 points and are trading 1.7% below fair value.
The Nasdaq 100 futures are down 149 points and are trading 1.9% below fair value.
The Dow Jones Industrial Average futures are down 352 points and are trading 2.7% below fair value.

Treasury yields are climbing ahead of the open.

The 2-yr note yield is up five basis points to 3.91% and the 10-yr note yield is up three basis points to 3.49%.

The US Dollar Index is also climbing into the open, up 0.4% to 110.14.