Good morning. In today's newsletter: Breaking down the significance of a Russian default. Plus, stocks jump ahead of the Federal Reserve's policy announcement, and AMC just bought a (literal) gold mine.
US stock futures are up sharply. Markets in Europe rallied in early trading, following stocks in Asia.
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What's happening now in markets: ▲ Dow futures 33,835 (+1.22%) ▲ S&P futures 4,310 (+1.32%) ▲ Nasdaq futures 13,704 (+1.89%) ▲ US 10-year yield 2.160% ▼ Gold $1,926.30 (-0.18%) ▼ US oil $96.27 (-0.18%) ▲ Bitcoin $40,621.10 (+2.37%) MARKET DATA AS OF 8:10 AM EDT |