Equities - US stock index futures are under pressure with major markets showing consistent losses of about 1.1% [1] - The Dow Jones Industrial Average closed down 453.19 points (0.95%), S&P 500 down 90.69 points (1.33%), and Nasdaq down 361.31 points (1.59%) [1] - The Dow finished the first week of March down 1,476.37 points (3.0%), S&P 500 down 138.86 points (2.0%), and Nasdaq down 280.53 points (1.2%) [1] - Asian and European markets also showed declines, raising concerns about a potential long-term break in US and global stocks [1] - Current market activity indicates a Fear Of Inflation Long-term (F.O.I.L.) with the Fed fund futures suggesting the next rate cut may be pushed back to September due to inflation fears [1] Energies - The WTI crude oil contract hit a high near $119.50, reminiscent of the price spikes seen during the early months of the Ukraine conflict [2] - Spot distillates peaked above $4.47 and RBOB gasoline reached $3.22, levels not seen in the past four years [2] - The article draws a parallel between current gas prices and past political events, questioning the potential for similar public sentiment regarding the current administration [2] Metals - The metals sector faced pressure with April gold down $62 (1.2%) and May silver down $4.671 (5.5%) [3] - Despite short-term selloffs, the long-term uptrend in gold is expected to continue due to new interest from global central banks and long-term investors [3] - Ongoing global political and economic instability is likely to maintain gold's status as a safe-haven asset [3] Ag - The Grains sector saw significant gains, with May corn increasing by 15.5 cents on high trade volume [4] - The Commitments of Traders report indicated a growth in noncommercial net-long futures positions, with May soybeans rallying by 33.0 cents [4] - The wheat sub-sector also experienced increases, with May SRW adding 25.0 cents, and a potential shift to a net-long position for funds in all three wheat markets [4] - May sugar rallied by 0.36 cent (2.5%) after reaching a new 4-week high [4]