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S&P E-mini Sees A Headline-Light Step Lower

STOCKS
  • We’re not seeing much for headlines behind the step lower in the S&P e-mini, with a few large sell programs rolling through including the largest of the day with 1044 names at 1319ET before some large buy programs helped limit the move.
  • Some recent headlines via Reuters from 1309ET: PUTIN TELLS NETANYAHU THAT RUSSIA IS READY TO HELP END CONFRONTATION IN THE REGION AND RESOLVE IT PEACEFULLY – TASS.
  • ESZ3 still holds strong gains for the day, up 1% at 4402 off an earlier high of 4414.2. Resistance remains at 4427.45 (50-day EMA).

Source: Bloomberg

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