Market sell-off set to continue U.S. equity futures are pointing to a lower open as geopolitical events have begun to rattle the confidence of investors. The U.S. earnings season has been better than expected. However, two M&A deals appear to be falling apart, potentially giving the bears another reason to continue to sell stocks. Little economic data is scheduled to be released today, as the weekly Department of Energy Inventory levels and the June trade balance report are the only notable numbers set to be unveiled.
On The Fly: Morning Wrap-Up for August 6 Globex S&P futures are recently down 3.40 from previous day’s SPX cash close. Nikkei 225 down 1.05%, DAX down 1.40%. WTI Crude oil is recently at $97.49, natural gas up 0.18%, gold at $1291 an ounce, and copper down 0.92%.
August front month equity options last day to trade August 15, 2014