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Early inventory market dip consumers get a bruising

The S&P 500 is close to the lows of the day, down 82 factors or 1.6% to 4939. The Nasdaq is down 1.9%.

The dip-buyers tried to make a stand after the primary hour of buying and selling however they’ve been swamped within the US afternoon.

There’s nowhere to cover in the present day with US bonds additionally down badly.

The greenback is benefiting from threat aversion and better yields because it trades close to the highs of the day. USD/JPY has prolonged positive factors to 150 pips to 150.85, a three-month excessive.

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