U.S. markets closed
  • S&P Futures

    4,134.00
    -13.75 (-0.33%)
     
  • Dow Futures

    33,883.00
    -79.00 (-0.23%)
     
  • Nasdaq Futures

    12,573.75
    -50.25 (-0.40%)
     
  • Russell 2000 Futures

    1,985.60
    -7.90 (-0.40%)
     
  • Crude Oil

    73.57
    +0.18 (+0.25%)
     
  • Gold

    1,886.80
    +10.20 (+0.54%)
     
  • Silver

    22.44
    +0.03 (+0.16%)
     
  • EUR/USD

    1.0798
    +0.0001 (+0.01%)
     
  • 10-Yr Bond

    3.5320
    +0.1360 (+4.00%)
     
  • Vix

    18.33
    -0.40 (-2.14%)
     
  • GBP/USD

    1.2059
    +0.0003 (+0.02%)
     
  • USD/JPY

    131.8780
    +0.7280 (+0.56%)
     
  • BTC-USD

    22,925.24
    -397.66 (-1.71%)
     
  • CMC Crypto 200

    525.72
    -11.13 (-2.07%)
     
  • FTSE 100

    7,901.80
    +81.64 (+1.04%)
     
  • Nikkei 225

    27,801.97
    +292.51 (+1.06%)
     

The Longer the S&P Drops, the More Likely We'll See a Bounce

The Longer the S&P Drops, the More Likely We'll See a Bounce

The market has been hit hard enough for long enough to set up an opportunity for some oversold bounce, but the buyers were unable to generate any momentum. There was some brief strength in the morning, but it fizzled out, and stocks drifted lower the rest of the day.