S&P 500 Index Futures Trading Lower In Volatile Session

em>Joel Elconin is the co-host of

, a daily trading idea radio show.

S&P 500 index futures are trading lower by 28 points at 2051.75 in Wednesday's session. The bloodbath from the after-hours and premarket sessions has carried over into the regular session. After declining from Wednesday's close 2079.75 to mid 2060 handle, the index peaked at 2065.25 off the opening bell and declined all the way to 2046.50. Since reaching that level, it has rebounded over 2050. All of the top ten components in the index are in the red. Leading the way on the downside is JP Morgan

shares which are trading lower by $1.78 y $66.45. It is followed by Apple Inc.

shares, which are trading lower by $2.12 at $111.37. Earlier in the session, it declined to $109.63, which marks it lowest level since it bottomed on $109.03 on January 27.