S&P 500 futures are down 16 factors, halving the decline from an hour in the past.
A number of the reversal is a results of the push-and-pull with bonds. Treasury yields are down 12 foundation factors on the entrance finish and 5 foundation factors on the lengthy finish. That unwinds a number of the promoting late final week.
With a vacant financial calendar, it can all be in regards to the ebb and circulation right this moment.
One inventory in focus can be Twitter. The WSJ and Reuters each reported that Twitter is on the verge of accepting Elon Musk’s provide of $54.20/share. The corporate is buying and selling at $51.26 within the pre-market, up from $48.93 at Friday’s shut.
