It would appear so. S&P 500 futures are now up just 0.1% after being up as much as 0.5% earlier in European trading. Meanwhile, Nasdaq futures are still up 0.2% as tech shares are hanging in the balance ahead of the non-farm payrolls release later. The nervous tension is not a good sign and puts more weight on the jobs report later to carry the market mood ahead of the weekend. Bring on the pain!
This article was written by Justin Low at www.forexlive.com.
Recent Posts
Categories
Related Articles
Commodity currencies finally crack as risk trades beaten up further
The FX market held in relatively well for most of the rout...
Do we need a spike in the VIX to get a bottom in stock markets?
The VIX is up to 27 today but that might not be...
US Energy Sec says “I won’t have a specific price” for where he wants oil to go
WTI crude oil prices are on track for an eighth consecutive week...
It gets even worse in the US equity market as the ‘detox’ selloff continues. NQ down 4%
Last week, US Treasury Secretary Scott Bessent had this to say on...
Leave a comment