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EQUITIES: Equities sit at the best levels of the session, with the e-mini S&P
now around 7 points shy of alltime highs as Fox News' Charles Gasparino cited
Congressional sources as saying the White House is mulling an election-year
fiscal stimulus as part of budget proposals. Options would include a payroll tax
reduction and an increase in earned income tax credit.
- Treasury futures pulled away from session highs of 129-14 on the news, while
USD/JPY inched back to the Y109.90 mark.