Morning Links: Markets React

Trading in S&P 500 futures on Friday morning pointed to a much lower open for stocks today. Unsurprisingly, that scenario is playing out perfectly this morning. The S&P 500 is lower by 1.33%, to 1379.35 early in trading. Volatility is exploding, with the VIX higher by 13% this morning. Bond yields have drifted much lower, with the 10-year note yield sitting at 2.04%. Gold futures (June) are higher by 0.8%, to $1643/oz. Best of luck out there, and on with the links…

  • HFT Watch: Traders navigate a murky new world. (WSJ)
  • AOL to sell patents to Microsoft for $1.1B. (Bloomberg)
  • Sony to eliminate 10K jobs, or 6% of workforce. (Bloomberg)
  • 50 amazing numbers about today’s economy. (Motley Fool)
  • Economic surprises and market performance. (Pragmatic Capitalism)
  • Gold does nothing, and that’s good. (The Aleph Blog)
  • Caterpillar’s big bet on the US economy. (Reuters)
  • Investors braced for fall in US profits. (FT)
  • China inflation exceeds forecast. (WSJ)
  • About these ads
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s