The bleeding continues from Friday's gash injury as the equalizers see red again today. S&P 500 futures were down earlier by about 0.4% but are accelerating losses now to more than 0.8% on the day.
S&p 500 future a
Meanwhile, European indices are also seeing a slight loss from earlier rallying pace. The DAX is down 0.8% and the CAC 40 is down 0.7% right now.
In the bigger picture, all eyes will be on US indices later. In particular, the focus will be on the S&P 500 as it looks set to dip below its 100-day moving average (red line) for only the second time since November 2023. Are we overdue for a more significant correction in price action to start the new one. year?
S&P 500 index daily
