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US markets open firmer, following in.......>

EQUITIES
EQUITIES: US markets open firmer, following in lockstep with futures and
European equities. Gains are pretty consistent so far, with the three major
indices advancing around 2%. In the US, energy and technology names are the best
performers. The Trump-inspired bouncing oil price is helping oil and gas
producers as well as oil services firms rebound, with Halliburton, Oilwell
Varco, Schlumberger among the best performers in the S&P500.
- This keeps yesterday's lows at 2717.25 the first support for the e-mini S&P,
with the 50-dma the near-term upside target at 2824.21.
- Given the gains in equities so far, the VIX index is on the backfoot,
retreating below 44 and now sits lower than the April average (~45).

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