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E-Minis Lower Still


The NASDAQ 100 e-mini is still leading the way lower, now printing ~1.4% softer on the day. The S&P 500 e-mini is ~0.8% below settlement levels, while the DJIA e-mini is 0.3% lower at typing. The fact that the sell-off is tech lead and the degrees of weakness seen amongst the 3 major benchmarks are as outlined points to the previously flagged Q2 earnings report from Amazon as the driving factor (Amazon is not included in the DJIA).

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