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RegMed Daily, Pre-Open, 11/1/11, futures post stiff losses, bad day ahead

Good morning! Here’s what you … might need to know to start the day…

To understand the gyrations in the RegMed universe’s market!  It might provide food for thought … and portfolio awareness.

 

Futures on the Dow fell 221 points to 11,674 and those on the S&P’s 500 index dropped 34.90 points to 1,214.40, while NASDAQ 100 futures declined 56.25 points to 2,299.75.

EU equities saw heavy selling, with financial shares under pressure. Greece’s ASE Composite Index tumbled 5.9%. Asian stocks ended mostly lower Tuesday to start the new month on a relatively downbeat note.