S+P 500 futures still eyeing a potential record opening after PCE release

The initial reactions across the markets to the expected US PCE data was dovish. That saw US bonds rise and corresponding yields fall. The dollar slipped too, as just noted. The markets are now paring that initial reaction, which saw the S+P 500 futures price a reopening above 5,510. To remind the reader, the current record high on the S+P is at 5,505. Well, the index futures is still pricing a potential record opening in less than one hour from now, but it is a little more in the balance now, as to whether that delivers a new all time high. We shall see shortly