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[MARKET UPDATE] US equity futures open lower (ES -9 points, NQ -70 points); T-Note futures +1.5 ticks; WTI futures +USD 0.30/bbl; Spot XAU +USD 8/oz

Newsquawk Staff ·

US equity futures open lower (ES -9 points, NQ -70 points); T-Note futures +1.5 ticks; WTI futures +USD 0.30/bbl; Spot XAU +USD 8/oz.

What it means

US equity futures opening lower suggests a risk-off sentiment in markets, potentially driven by recent economic data or geopolitical developments. Meanwhile, T-Note futures and gold prices are climbing, indicating a flight to safety as investors seek refuge from volatility in equities. The slight uptick in WTI futures may reflect ongoing concerns about supply or geopolitical tensions affecting oil markets.

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