Список проголосовавших за комментарий " S&P futures vs fair value: -2.30. Nasdaq futures vs fair value: +2.90.<p>Investors have tapped the brakes this morning following yesterday's unexpected rally. The S&P 500 futures trade two points below fair value, indicating a slightly lower open for the stock market on Wednesday.</p><p>The pound (1.2418) has given up some ground against the U.S. dollar this morning, down 0.2%, after the U.K. triggered Article 50 to launch the Brexit process. The European Union and the United Kingdom will now have 18 months to negotiate the terms of their relationship going forward.</p><p>U.S. Treasuries continue to climb farther into positive territory this morning with the benchmark 10-yr yield now trading three basis points lower at 2.39%. </p><p>Crude oil clings to a slim gain, up 0.3% at $48.52/bbl. The API reported a larger than expected build of 1.9 million barrels on Tuesday evening, but the bearish news has been mitigated by a conflict in Libya that has cut into production. Also of note, the EIA will release its weekly inventory report later this morning at 10:30 ET.</p><p>In U.S. corporate news, <strong>Vertex Pharmaceuticals</strong> (VRTX 108.25, +18.58) has surged 21.0% in pre-market trade after reporting that an experimental cystic fibrosis drug improved lung function. <strong>Restoration Hardware</strong> (RH 44.20, +6.20) also trades solidly higher, up 16.3%, after reporting in-line results and issuing positive revenue guidance.</p><p>On the data front, investors will receive February Pending Home Sales (Briefing.com consensus 2.4%) at 10:00 ET.</p>"