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US equity index futures point to weak opening

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 8, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Mumbai) - The major equity index futures in the US indicate the indices are likely to open sharp lower following a weak closing on Friday.

    At the time of writing, the Dow futures were down 200 points or 1.25%. The S&P 500 futures were down 23 points or 1.25% as well. Nasdaq futures were down 2%.

    Across the pond, the major European indices have extended losses to trade 2% lower. The pan-European Euro Stoxx 50 index was down 2.4%.

    The economic calendar is empty; hence there is very little scope for a sharp rebound by closing.
    For more information, read our latest forex news.
     

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