With CEO Annie Seelaus
Equities were mixed to startand oil is up to $44.88 this morning. Credit still feels firm and munis are stronger this morning after a mixed trading day yesterday.
Equities were strong to start the Tuesday session and oil is up to $43.17 this morning. In credit news, IG priced $12.6bn yesterday in new issuance while spreads continued to tighten. Munis were unchanged.
Munis are weaker this morning after a mixed trading on Wednesday. I saw aggressive buying across the curve to start the day, however, the bid side faded into afternoon trading.
Global equities are generally positive this morning and oil is slightly lower at $40.34. Munis feel firmer to start for the 3rd straight day. The market was focused mostly on the primary yesterday and on this week's largest deals, including CA State GOs.
US Equity Futures are strong to start the day, with the DJ Futures +54 and S&P Futures +9.5 in early trading following a positive overnight session for overseas markets.
Equities, oil, and rates are starting down to end the week with credit remaining firm. Citigroup beat projections and Charles Schwab will be releasing their Q1 earnings later today.
US equities are down to start, after overseas equities were mixed overnight. Rates and oil continue to be stagnant, credit remains firm, and munis are unchanged this morning after trading mixed yesterday.