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Shrugging Off Late Overnight Bid


Tsys continue to pare late overnight gains after the bell -- near middle overnight range at the moment, support evaporating as equities trim losses (ESU1 -3.5 at 4356.5 vs. 4341.75 overnight low).
Next earnings cycle kicks off this week, focus on "big-6" banks announcing: JPM and GS Tuesday, BoAML, Citi and Wells Fargo Wednesday, MS Thursday.
Aside from NY Fed Williams (shortly at 0930ET) and MN Fed Kashkari at noon, mkts await Fed Chair Powell semi-annual testimony House panel Wednesday, Senate banking panel Thursday. Mon-pol report released last Fri.

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