Futures point to more losses; yields still on the rise


Major index futures are down about 0.6% following yesterday's near 2% decline, and ahead of this morning's July jobs report.

Europe's Stoxx 50 is down 1.5% and the  Nikkei led declines in Asia, falling 1.3% overnight.

Interest rates aren't helping, with the 10-year yield up another two basis points to 2.59%, and gold is up $3 per ounce to $1,286.

ETFs: SPY, QQQ, SH, DIA, SSO, SDS, VOO, PSQ, IVV, SPXU, UPRO, TQQQ, SPXL, QID, RSP, SQQQ, DOG, QLD, DXD, RWL, EPS, UDOW, SDOW, DDM, BXUB, QQEW, QQQE, SPLX, SFLA, QQXT, BXUC, SPUU

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Comments (2)
  • flemsnopes
    , contributor
    Comments (124) | Send Message
     
    If asset prices continue to decline, will the Fed keep the pedal to the metal on the taper? Jackson Hole drama up next?
    1 Aug 2014, 07:23 AM Reply Like
  • John Georgiou
    , contributor
    Comments (234) | Send Message
     
    Technicaly this week supposed to be red ... and became , but August will be mixed.
    more for August to http://seekingalpha.co...
    1 Aug 2014, 07:34 AM Reply Like
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