US equity markets at fresh daily lows: by Milan Cutkovic

  • S&P 500 and the DJIA are now down almost 3 % on the day
  • S&P futures had a brief bounce on the US open, but selling resumed into 1860 resistance
  • The contract is currently trading at 1826 with daily low at 1819
  • USD/JPY hasn’t followed the S&P lower yet, is consolidating at 105.80

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