*WHAT HAPPENED OVERNIGHT*
-> SPX -1.37%, Nasdaq -2.30%, Russell 2000 -3.25%
-> UST 10y yield lost 6 bps to 3.97%
-> Dollar Index rises to around 104.34
-> US initial jobless claims soar to 249k, much higher than expected & prior
-> US ISM employment subcomponent fell to 43.3, down to 2020 lows !
-> US jobs data tonight will closely watched
-> Oil down 0.7% to $80.15/bbl
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