Stocks Slightly Lower into Afternoon on Higher Long-Term Rates, Mideast War-Induced Inflation Fears, Fed Rate-Hike Concerns, Commodity/Biotech Sector Weakness

Overseas Futures:

• Nikkei 225 Futures: Indicating -230 open in Japan 
• China A50 Futures: Indicating -19 open in China
• KOSPI 200 Futures: Indicating -7 open in South Korea 

• DAX Futures: Indicating +170 open in Germany

Portfolio:

• Slightly Higher: On gains in my tech sector longs and index hedges
• Disclosed Trades: None
• Market Exposure: 75% net long