Stocks set for opening bounce

|By:, SA News Editor

Stocks appear set for an opening bounce after yesterday's drubbing, with S&P 500 (SPY) futures +0.3% and Nasdaq 100 (QQQ+0.4%.

Treasury prices give back some of yesterday's big gains, the 10-year yield up two basis points to 2.70%, and gold slips 0.6% to $1,255 per ounce.

Europe's mixed and Japan tumbled 2.5% overnight.