Just ahead of the NY open, American stock index futures and European shares are bouncing off...

|By:, SA News Editor

Just ahead of the NY open, American stock index futures and European shares are bouncing off earlier lows. S&P 500 -0.8%, Stoxx 50 -1.5% after being down 2% a few minutes ago. The S&P 500 has not had a losing day of more than 1% in 2012.