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More Sell-Programs After Attempting Revisit Midday Highs

US STOCKS

Stocks modestly weaker, Dow underperforming with global bank shares w/exposure to Russia under pressure (JPM -3.58% at 142.66; GS -2.56 at 341.23) . Nasdaq leading SPX again as pair see renewed pressure: recent sell programs
Inside session range for Tsys near highs w/ yield curves bull steepening (30YY currently 2.1928, -.0810), Gold off highs +$9.34 (0.49%) at $1898.68, WTI crude +$4.64 (5.07%) at $96.26.

  • SPX Eminis tapped 4384.25 earlier, currently 54.75 points (-1.25%) at 4337.75; Dow Industrials -396.21 points (-1.16%) at 33658.23; NASDAQ 54.6 points (-0.4%) at 13638.3.
  • SPX leading sectors:
    • Energy +1.41%
    • Industrials +.07%
    • Lagging: Real Estate -1.99%, Consumer Staples -1.92%

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