Market Overview

S&P Futures Already Down 10 Points; Euro and Crude Also Lower

The U.S. stock market could be headed for more losses on Monday, as S&P 500 futures are already down 10 points on Sunday evening to 1,264. It did not take long for sellers to show up tonight after the futures market opened at 6 EST. Within minutes, the market was trading lower and has continued to be weak in the early going.

The move in the S&P coincides with moderately lower prices for euro futures contracts, which were last trading down 0.10% to just above $1.24. Also, crude oil was falling in the early going along with the S&P and euro and at last check, crude was down another 0.78% to $82.56.

Posted in: Futures, Commodities, Intraday Update, Markets, Movers

 

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