Marko Kolanovic predicts a stock market pullback could be in the cards.Kolanovic thinks Tesla's decline on the Trump-Musk feud could be among the catalysts that spark a decline. Other problems he sees for the market include high valuations and economic uncertainty.

S&P 500 futures are now up nearly 0.8% from yesterday's close and 0.4% since the release of this data. Gold and crude oil are both higher this morning, although each had a different reaction to the U.