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Volume Picks Up as Stock Sell-Off Accelerates

EQUITIES
  • Equity weakness accelerates an hour out from the bell, with the e-mini S&P plumbing fresh session lows at 4668.00, extending the drift off the week's highs to around 40 points. Energy is now the poorest-performing sector in the S&P500, with financials and industrials not far behind.
  • The best volumes of the session go through at the day's lows, with around 20,000 contracts changing hands before the index bounced.
  • The move lower in equities coincides with a retracement for the 10y US yield, which edges back toward earlier lows of 1.5718%.

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