S&P 500 Index Futures Sharply Lower

S&P 500 index futures are trading lower bu 27 points at 1984.75 in Wednesday's session. The double dose of North Korea's testing of a Hydrogen bomb and further devaluation of the Chinese Yuan has had the index under pressure since late Tuesday evening. All but one of the top ten components of the index are in the red. The lop performer is Amazon.com (NASDAQ: AMZN shares which have been flirting with unchanged for the day at $633.79 Leading the way on the downside is JP Morgan JPM shares which are trading lower $1.19 at $62.54.