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Risk-On Gains Momentum

SNAPSHOT

May be all for naught, but the risk-on tone is gaining momentum after the bell on back of House Sp Pelosi headlines:

HSE DEMS: WILL ADDRESS NEEDS IF NO DEAL SOON, Bbg
STIMULUS RELIEF WON'T WAIT UNTIL JANUARY, Bbg
Equities back to early overnight levels, rates on lows:

  • DJIA up 14.12 points (0.05%) at 28514.62
  • S&P E-Mini Future down 3.25 points (-0.09%) at 3475.75
  • Nasdaq down 39.2 points (-0.3%) at 11724.13
  • US 10-Yr yield is up 1 bps at 0.7356%
  • US Dec 10Y are down 4/32 at 139-3
  • EURUSD down 0.0041 (-0.35%) at 1.1704
  • USDJPY up 0.3 (0.29%) at 105.47
  • WTI Crude Oil (front-month) down $0.1 (-0.24%) at $40.93
  • Gold is up $5.46 (0.29%) at $1906.56

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