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US Indices Hitting Alltime Highs Out of the Gate

EQUITIES

E-mini S&P hits new alltime highs shortly following the cash open, with the index hitting 3794 and remaining strong.

  • Financials taking the lead on the latest leg higher in equities - big banks are the winners, with BofA, JPM and Citi all up sharply, 3% or more.
  • Tech names not far behind, with semiconductors the driver. Defensive utilities and consumer staples the laggards in the S&P 500 so far, reinforcing the risk-on theme we're seeing so far.

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