March S&P 500 E-Mini futures (ESH26) are down -0.57%, and March Nasdaq 100 E-Mini futures (NQH26) are down -0.92% this morning, pointing to a lower open on Wall Street as investors continue to sell risky assets amid a rout in precious metals.
Gold and silver prices fell on Monday as increased CME margin requirements compounded selling pressure following last week’s selloff triggered by Kevin Warsh’s nomination as the next Fed chair. Gold and silver are down more than -3% after sliding as much as -10% and -16%, respectively, earlier on Monday.
