Reply To: Traders Market Weekly: Oil Caps, Sanctions and Services

#48388
Truman
Participant

The S&P 500 futures are down 28 points and are trading 0.9% below fair value.
The Nasdaq 100 futures are down 77 points and are trading 1.0% below fair value.
The Dow Jones Industrial Average futures are down 180 points and are trading 0.6% below fair value.

Equity indices in the Asia-Pacific region began the week on a mostly lower note. Investor sentiment was pressured by reports of tighter lockdown measures in China, which prompted protests in several cities.
Goldman Sachs speculated that China could lift its zero-covid policy before April, though Q2 is still projected as the most likely time for an exit. Japan is expected to fine three power companies on anti-trust grounds.