Free Trial

Stock Weakness Puts e-mini S&P Within Range of Last Week's Lows

  • Equity weakness filtering further through headline prices as the e-mini S&P falls through the Tuesday low of 4335.00 to open next support at Sep 22's 4321.00 and Sep 20's 4293.75. Recent low comes minutes following a sizeable sell program via the TICK Index, with just over 1,400 names on the downtick at 1648BST/1148ET.
  • Leading the way lower, consumer staples and discretionary names are the weakest names, but all sectors are now in the red after tech and communication services faded earlier gains.
  • Retail names including Gap, Dollar Tree and Ralph Lauren are among the hardest hit (off 4% or more).
MNI London Bureau | +44 203-865-3809 |

To read the full story



MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.