US Equity Futures Fade Overnight Gains As Global Selloff Deepens US equity futures are slightly higher led by Tech, but well off overnight highs, while stocks around global markets slide. As of 8:00am ET, S&P and Nasdaq futures are up 0.1%, having previously been as much as 0.6% higher, after both gauges closed above their 50-day moving averages on Friday, a key support level. In premarket trading, Mag7 names are mostly lower led by GOOG +4%, NVDA is down 1% with earnings Wednesday after the close. Bond yields are lower as the curve mostly bull steepens; USD trades near session highs.… — Continue at ZeroHedge News : Read More
