US Futures, Global Stocks Tumble, Japan Crashes Amid Panic Fed Is Now Behind The Curve It is a global selling carnage this morning, as risk-off extends across worldwide equity markets but nowhere more so than Japan where the point (if not percentage point) drop in the Nikkei has surpassed Black Monday 1987. As of 7:45am, S&P futures are down 1.2% as traders worried that the Federal Reserve has been too slow to cut interest rates, and technology earnings disappointed, pushing Nasdaq futures 1.7% lower as Amazon’s Q3 earnings forecast disappointed and Apple reported a surprise plunge in Chinese revenues. While… — Continue at ZeroHedge News : Read More
Home » US Futures, Global Stocks Tumble, Japan Crashes Amid Panic Fed Is Now Behind The Curve – Tyler Durden