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US Futures Starting 2nd Half Lower

EQUITIES
  • Asian markets closed sharply lower: Japan's NIKKEI closed down 457.42 pts or -1.73% at 25935.62 and the TOPIX ended 25.78 pts lower or -1.38% at 1845.04. China's SHANGHAI closed down 10.979 pts or -0.32% at 3387.637.
  • European futures are up slightly (though cyclical stocks continue to weaken, with tech lagging): the German Dax up 44.03 pts or +0.34% at 12783.77, FTSE 100 up 14.36 pts or +0.2% at 7169.28, CAC 40 up 25.77 pts or +0.44% at 5922.86 and Euro Stoxx 50 up 7.15 pts or +0.21% at 3454.86.
  • U.S. futures are a little lower to start the month/half, with the Dow Jones mini down 70 pts or -0.23% at 30712, S&P 500 mini down 7.75 pts or -0.2% at 3782, NASDAQ mini down 23 pts or -0.2% at 11506.5.
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