Free Trial

US Futures Extending Losses, ES1 Approaching Support

EQUITIES
  • Broad-based risk aversion continues to weigh on equities globally, with US futures hitting the lowest levels of the session. The e-mini S&P is now trading at new August lows and fast approaching first support at the 4341.36 50-dma.
  • A break below here exposes losses toward the 4300 handle initially ahead of firmer support expected at 4224.00.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

To read the full story

Close

Why MNI

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.