What's Moving The Market Tuesday?

Top News

• U.S. House of Representatives expected to vote on $1.9 trillion COVID-19 relief package Wednesday, March 10.
• U.S. 10-year treasury yields remained focused but reversed.
• API Weekly Inventories data showed a crude build of 12.89 million barrels, a gasoline inventories draw of 8.49 million barrels, distillate inventories draw 4.79 million barrels
• Washington Prime Group WPG spokesperson told Benzinga the rumor from last week saying company is filing for bankruptcy is 'all rumor,' said the company will be filing something with the SEC 'soon'. Last week an unconfirmed report was circulated of the company reportedly preparing a bankruptcy filing.
• Pfizer PFE and BioNTech BNTX said they could raise output from 2 billion COVID-19 vaccine doses in 2021. Companies said they see potential to supply 3 billion COVID-19 shots in 2022.
• The New York Stock Exchange announced they will commence delisting proceedings against Just Energy JE. The company received chapter 15 bankruptcy protection, announced after market close Tuesday.
• Roblox will begin trading under the ticker 'RBLX' on the New York Stock Exchange, Wednesday, March 10, 2021.

Indices Around The Globe

• S&P 500 Futures touched above 3,900, before reversing. Futures closed at 3873 for the intraday session, up 1.50%
• UK's FTSE 100 up  0.17% to near 6,730.
• Japan's Nikkei 225 up 1% to near 29,027.

Bonds

• 10-year treasury yield at 1.54%.

Commodities

• Crude oil down 1.81% to near $63.87/barrel.
• Gold up 1.99% to near $1,715/oz.
• Silver up 2.97% to near $25.90/oz.

Crypto

• Bitcoin up 4.97% over the last 24 hours to near $54,326.