S&P 500 futures are down 24 factors, or 0.5% forward of the open. Futures had been flat an hour in the past however the promoting has picked up previously half-hour.
There are two worries:
1) Adobe shares are down 12% within the pre-market. That is the primary actual earnings crack in a high-flying AI inventory.
2) It is quad witching so this may very well be largely mechanical.
The drop ought to have the index opening close to yesterday’s lows.
