Equity Futures Open Down Hard; Gold, Oil, & Treasuries Spike
As somewhat expected, the general risk-off theme has hit market as they reopened after Putin’s actions.
US equity futures extended their losses with Nasdaq down over 2.5%…
Treasury futures indicate a 5bps or so drop in the 30Y Yield to around 2.18%…
WTI spiked above $94…
And Gold is above $1915…
The question is – what headline between now and tomorrow’s open will spark the algos into life and lift stocks green?
Tyler Durden Mon, 02/21/2022 – 18:08
