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Pullback In Futures As Cyclicals, Tech Weaken

EQUITIES
  • Asian markets closed mixed: Japan's NIKKEI closed down 11.81 pts or -0.04% at 28930.33 and the TOPIX ended 4.02 pts higher or +0.2% at 1994.52.China's SHANGHAI closed down 19.466 pts or -0.59% at 3258.078 and the HANG SENG ended 9.12 pts higher or +0.05% at 19773.03.
  • European equities are lower, with real estate, financials and consumer discretionary stocks down sharply in early trade: the German Dax down 126.21 pts or -0.92% at 13847.56, FTSE 100 down 16.59 pts or -0.22% at 7521.73, CAC 40 down 44.55 pts or -0.68% at 6573.53 and Euro Stoxx 50 down 31.33 pts or -0.83% at 3795.33.
  • Tech is leading losses in US futures: Dow Jones mini down 200 pts or -0.59% at 33781, S&P 500 mini down 33 pts or -0.77% at 4253.5, NASDAQ mini down 127 pts or -0.94% at 13396.25.

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