Seeking Alpha

Futures rise despite slump in Apple

  • Ex-Apple, there's a decent rally afoot, S&P 500 (SPY) and DJIA (DIA) futures +0.5%, while Nasdaq 100 (QQQ) futures -0.3%. Apple's off 7%.
  • Europe's up more than half a percent and Asia was little-changed overnight. The rush out of emerging market currencies is the macro theme of the moment and it's paused for the moment as Turkish policymakers meet to likely decide on hiking rates and India pushed through a rate hike a few hours back.
  • The 10-year Treasury yield is up 3 basis points to 2.78% and gold is off 0.8% to $1,254 per ounce.
  • Index ETFs: SPY, QQQ, IVE, SH, DIA, SSO, SDS, PSQ, IVV, SPXU, UPRO, VOO, TQQQ, QID, RSP, DOG, SQQQ, QLD, DXD, RWL, EPS, UDOW, SDOW, IVW, DDM, SPYG, RPG, RPV, SPYV, BXUB, VOOG, QQEW, QQQE, VOOV, TRND, SFLA, BXUC, QQXT, FTA, BXDB, TNDQ
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DJIA (DIA) S&P 500 (SPY)