Reply To: Traders Market Weekly: Eyes on Powell and Adani Risks

#52525
Truman
Participant

The S&P 500 futures are down 4 points and are trading slightly below fair value.
The Nasdaq 100 futures are down 38 points and are trading 0.3% below fair value.
The Dow Jones Industrial Average futures are down 49 points and are trading 0.1% below fair value.

Treasury yields are moving lower this morning. The 2-yr note yield is down two basis points to 4.24% and the 10-yr note yield is down three basis points to 3.52%. The U.S. Dollar Index is up 0.2% to 102.44.

Energy complex futures continue to lose ground. WTI crude oil futures are down 1.0% to $77.16/bbl and natural gas futures are down 1.7% to $2.63/mmbtu.