Market preview: U.S. stocks are set to join the global market selloff in the wake of the...

|By:, SA News Editor
Market preview: U.S. stocks are set to join the global market selloff in the wake of the Nikkei's 10.6% drop, with S&P futures -2.3%. Gold and oil futures also drop sharply, while the dollar gains. Treasurys soar, pushing 10-year yields down to 3.236%. Still ahead: NAHB housing, FOMC statement which has the potential for a surprise.