Morning Note - July 27, 2021

Good Morning!

Futures are again looking to open lower with the dow slated to drop almost 200 points to start the session. The S&P and Nas are also in the red. The 10-yr is down 2.5 bps to 1.25%. Oil is bucking the recent trends and rising small. Bond yields are creeping lower while the VIX creeps higher. Big tech earnings in the spotlight today with Appl…