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What's Moving The Market Wednesday?


Benzinga | Mar 3, 2021 10:58AM EST

What's Moving The Market Wednesday?

Indices Around The Globe

* S&P 500 Futures declined, marking new intraday lows.

* U.K.'s FTSE 100 moved 25 points higher to near 6,613

* Japan's Nikkei moved 176 points higher to near 29,584

Bonds

* 10-year treasury yield at 1.41%

Commodities

* Crude oil up 2.46% to near $61.23/barrel

* Gold down 1.39% to near $1,710/oz

* Silver down 2.45% to near $26.06/oz

Crypto

* Bitcoin up 4% over the last 24 hours to around $50,906

Top News

* ADP employment data for the month of February showed a decrease in employment. 117,000 was the updated number, compared to 174,000 for January.

* DraftKings (NASDAQ:DKNG) announced a strategic agreement with DISH Network (NASDAQ:DISH) to offer the DraftKings sportsbook directly to DISH customers nationwide.

* U.S. EIA crude oil inventories for the week ending Feb. 26 showed a build of 21 million barrels, compared to a prior build of 1 million barrels.

* Ocugen's (NASDAQ:OCGN) vaccine partner Bharat Biotech said its vaccine shows 81% efficacy.







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