S&P 500 Futures Gap Down After Cyprus — Euro Getting Crushed

Futures markets just opened, and the S&P 500 is down nearly 1 per cent to 1537 on the Cyprus bailout deal, which includes a controversial haircut for depositors.

The far right side of the chart below shows the Sunday evening session, which just got started.

S&P 500 futures after CyprusClick to enlarge

Photo: Thinkorswim

Meanwhile, the euro is still getting crushed against the dollar. Right now, it’s trading down 1.3 per cent.

EURUSD after CyprusClick to enlarge

Photo: Thinkorswim

Read more about the bailout and its implications here >

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