Sammyboy RSS Feed
09-02-2016, 10:40 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
this is the time to see how strong our banks are!:(
U.S. Futures Fall After Bank Rout Sends S&P 500 to Two-Year Low
U.S. stock-index futures extended declines as oil erased an advance, a signal that the rout that dragged the Standard & Poor’s 500 Index to the lowest in 22 months will continue.
Contracts on the S&P 500 expiring in March fell 1 percent to 1,832.75 at 8:35 a.m. in New York, mirroring declines in European shares as oil wiped out an earlier rebound from a three-day selloff. Futures on the Dow Jones Industrial Average lost 169 points, or 1.1 percent, to 15,819. Nasdaq 100 Index contracts retreated 1.2 percent.
“Our clients are not buying the dip like they did before,” said Kully Samra, who manages U.K. clients for Charles Schwab Corp. in London. “Economic data has been mixed, corporate margins aren’t expanding and sales haven’t been great. The market is lacking catalysts, and buyers can’t be lured just on valuations anymore.”
http://www.bloomberg.com/news/articl...o-two-year-low (http://www.bloomberg.com/news/articles/2016-02-09/u-s-futures-little-changed-after-s-p-500-slumps-to-two-year-low)
Click here to view the whole thread at www.sammyboy.com (http://singsupplies.com/showthread.php?224921-it-s-coming!-banks-are-in-trouble!!!&goto=newpost).
this is the time to see how strong our banks are!:(
U.S. Futures Fall After Bank Rout Sends S&P 500 to Two-Year Low
U.S. stock-index futures extended declines as oil erased an advance, a signal that the rout that dragged the Standard & Poor’s 500 Index to the lowest in 22 months will continue.
Contracts on the S&P 500 expiring in March fell 1 percent to 1,832.75 at 8:35 a.m. in New York, mirroring declines in European shares as oil wiped out an earlier rebound from a three-day selloff. Futures on the Dow Jones Industrial Average lost 169 points, or 1.1 percent, to 15,819. Nasdaq 100 Index contracts retreated 1.2 percent.
“Our clients are not buying the dip like they did before,” said Kully Samra, who manages U.K. clients for Charles Schwab Corp. in London. “Economic data has been mixed, corporate margins aren’t expanding and sales haven’t been great. The market is lacking catalysts, and buyers can’t be lured just on valuations anymore.”
http://www.bloomberg.com/news/articl...o-two-year-low (http://www.bloomberg.com/news/articles/2016-02-09/u-s-futures-little-changed-after-s-p-500-slumps-to-two-year-low)
Click here to view the whole thread at www.sammyboy.com (http://singsupplies.com/showthread.php?224921-it-s-coming!-banks-are-in-trouble!!!&goto=newpost).