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Futures Slide After Bond Yields, Oil Prices Jump Around The Globe
Futures Slide After Bond Yields, Oil Prices Jump Around The Globe
Futures are lower, but off their overnight lows as markets focus on soaring global yields after US/Iran talk progress remains stalled (but at least armed hostilities did not resume contrary to some speculation). Yields also spiked on rising oil prices, concerns of an extra budget in Japan and continued political chaos in the UK. As of 7:00am ET, S&P futures are -0.5%, while Nasdaq futures drop 0.3%; semis are bid, Mag7 are mostly lower ex-NVDA which reports earnings this...
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May 4, 2026 / Tyler Durden
Ukrainian Drone Hits Moscow Luxury Tower, Miles From Kremlin
Ukrainian Drone Hits Moscow Luxury Tower, Miles From Kremlin
A Ukrainian one-way attack drone struck a high-rise apartment building in Moscow in the early hours of Monday, causing no reported casualties and only limited damage. The strike occurred just miles from the Kremlin, highlighting Ukraine's long-range drone strike capabilities.
The New York Times reports that the drone strike comes five days before Russia's May 9 Victory Day parade, which has already been scaled back due to the growing drone threat.
Moscow Mayor Sergei Sobyanin said there were no casualties, but footage posted...
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Apr 28, 2026 / Tyler Durden
Collateral Damage
Collateral Damage
By Molly Schwartz, Cross-ASset Macro Strategist at Rabobank
Negotiations between the US and Iran are going nowhere. In fact, they’re not really even happening at all. Over the weekend, Axios reported that Iran gave the US a proposal to reopen the Strait — not to end the war. The proposal includes extending the ceasefire and an assertion that any conversations about Iran’s nuclear program are off the table until the Strait is open and the US blockade is lifted. The US has not indicated whether it will accept or reject the...
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Feb 23, 2026 / Tyler Durden
Newsom Says He's Like Blacks Because He 'Can't Read' And Got Low SAT Score
Newsom Says He's Like Blacks Because He 'Can't Read' And Got Low SAT Score
California Governor Gavin Newsom (D) needs to work on his pandering skills - after telling a crowd of black people that he's just like them because he can't read and got a low SAT score.
"I’m not trying to impress you, I’m just trying to impress upon you, ‘I’m like you. I’m not better than you.’ I’m a 960 SAT guy," Newsom told Atlanta Mayor Andre Dickins during a Sunday night event promoting his new book.
"And I’m not...
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