Reply To: Traders Market Weekly: Squeeze Dynamics and Market Fragility

#68011
Truman
Participant

The S&P 500 futures are up 10 points and are trading 0.2% above fair value.
The Nasdaq 100 futures are up 58 points and are trading 0.4% above fair value.
The Dow Jones Industrial Average futures are up 34 points and are trading 0.1% above fair value.

10-yr note yield sliding to 4.36%, down six basis points from yesterday, is also providing underlying support along with the seasonality trade ahead of economic releases this morning that include Weekly Initial and Continuing Jobless Claims (8:30 a.m. ET), October Durable Goods Orders (8:30 a.m. ET), and the Final November University of Michigan Index of Consumer Sentiment (10:00 a.m. ET).