A little confusion around the interwebs tonight. Shocker!
Although S&P futs appear to be down 8.5 right now, they’re really only off by 3.7. Dow futs are really only off by 33 and Naz by 1.
This is all due to fair value.
Google it.
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Indeud … DJI -46 and SPX -4.8
Maybe. But yesterday the futures were down about 11 pts at this time. Market got bitch slapped today. Now futures are down 10.50. So does that mean instead of a 53 point drop we get a 50 point drop instead.
Yeah, I feel better already.
And now Dow futures are off 220.