Futures Rise After Record Gamma Surge As Europe Slides Deeper Into Recession Futures are higher with both tech and small-caps outperforming as a record $9 billion surge in dealer gamma stabilizes markets and buoys the ongoing meltup despite the start of buyback blackout. As of 8:00am, S&P futures are up 0.1%, hovering near record highs after the Fed’s jumbo rate cut last week, and erasing an earlier slide that was sparked by the latest recessionary set of European PMI numbers; Nasdaq futures rise 0.2% with semis higher, NVDA up +40bps and INTC +4% on a report Apollo is considering a… — Continue at ZeroHedge News : Read More
Home » Futures Rise After Record Gamma Surge As Europe Slides Deeper Into Recession – Tyler Durden