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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?

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