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Just saw equity futures taking a hit in pre-market trading this morning. Looks like we're seeing a broader pull back across the board right now. Oil and gold are both retreating from their recent highs, which is interesting given how strong they've been lately.
The commodity pull back seems to be weighing on equities at the moment. When you see oil and gold pull back like this simultaneously, it usually signals some risk-off sentiment in the market. Worth keeping an eye on how the day opens to see if this momentum continues or if we bounce back.
Anyone else noticing this pull back? Curious what's driving it.