DJ Looks Like Folks Want to Worry Today -- Market Talk
7:30 ET - US stock-index futures' decline continues to deepen, with the drop now around 1%, as oil's Wednesday selloff also builds and major European equity markets are down some 2%. Looks like another risk-off day. Frankly, there's nothing particular to pin the action on, though oil is getting hit amid worries about further increases to US supplies that today's weekly inventory report might show. But in general, things which have been concerns continue to be concerns. Today merely appears to be a day folks don't want to ignore them. S&P 500 futures are down 17 points as Nymex oil falls some 3.5%. Gold rises 1% and the dollar is broadly higher, sending the euro down to $1.0965. Treasurys also gain, pushing the 10-year yield to 1.69%. ([email protected]; @kevinkingsbury)
(END) Dow Jones Newswires
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