Daily Morning Call
From the Floor: S&P 500 dips below 2,700, risk-off in effect — #SaxoStrats
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US equities plunged lower in response to a slightly hawkish FOMC release, with the S&P 500 now threatening to resume its bearish trend.
• Equities turn lower, risk sentiment switches to negative
• Equities turn lower, risk sentiment switches to negative
• Slightly hawkish FOMC sees upward revisions to growth, inflation
• Oil prices weaker again ahead of EIA report at 1600 GMT
• G10 surprise index falling on weak macro prints
• $29 billion in seven-year Treasuries on the auction block today