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US Stocks Slipping Further

EQUITIES

Stock sell-off extending as we head into the European close - the e-mini S&P now testing the Wednesday lows at 3680. As was the case at the open, no real headline catalyst or driver, but volatility being propped up by quadruple witching as stock index futures & options and single stock futures & options all expire.

  • Real estate leading losses in US equity space, closely followed by energy, with all ten sectors in the red.
  • VIX seeing some support after a few sessions of losses, 22.95 on last check, up from 21.5 late yesterday.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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