Update: And an hour later, things look much uglier across the board.
Original post: Very interesting. Markets just turned sharply lower. There’s still nearly 3 hours before the opening bell.
US futures are now looking down over 1%. Oil is back below $69. Silver, gold, and palladium all getting hit hard.
The euro is sliding again.
Here’s a look what the overnight action in S&P futures. Not the big dip.