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08Feb2021 Pre-Market Commentary: Futures Hit New Record Highs As 30Y Rises Above 2%, Brent Tops $60, DOW Up 1441 Points, WTI Crude Higher At 57.55, Nasdaq +0.4%, US Dollar Stronger At 91.21


DOW futures are higher this morning in an advance that would exceed the 30-stock average s closing record (SPY +0.4%). Bitcoin surges toward record levels above $43,000 after Tesla s disclosure.
Here is the current market situation from CNN Money
European markets are broadly higher today with shares in London leading the region. The FTSE 100 is up 1.12% while France s CAC 40 is up 0.90% and Germany s DAX is up 0.52%.
What Is Moving the Markets
Here are the headlines moving the markets.
How U.S. Sanctions Against Venezuela Backfired
Harsh U.S. sanctions, a crumbling economy, and near collapsed petroleum industry have done little, if anything, to loosen President Maduros grip on power in Venezuela. It appears that one of Latin Americas most reviled heads of state has not only outmaneuvered his domestic opponents but beaten U.S. sanctions designed to remove him from power. By December 2020, Maduro had taken control of Venezuelas National Assembly, the onl ....

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