Heading into the start of the trading day on Wall Street, markets showed signs of risk-aversion and greed as the anticipation of Friday's February jobs report weighed heavy on investors. Benchmark 2-year Treasury note yields held near 14-year highs as the U.S. dollar index dropped. A late call from the SEC caused Credit Suisse to delay its annual report, while Uber considered launching a separate entity for its freight logistics. Former Goldman Sachs banker Roger Ng was also sentenced to 10 years for his role in the 1MDB corruption case and Visa and Mastercard paused on their new payments code for firearms sellers.

U.S. equity futures traded modestly lower, as traders shifted away from risk markets ahead of the much-anticipated jobs report due tomorrow and weighed the implications of Federal Reserve Chairman Jerome Powell's hawkish testimony on Capitol Hill yesterday. Powell's remarks emphasized the need for increasing interest rates in