On the fly News and insights, exclusive to thefly.com

Market Commentary

Futures sharply lower as selloff continues


Stock futures are indicating an extension of yesterday's selloff as the market's rout looks set to continue. There was nothing in the way of macro news, but global markets followed yesterday's U.S. performance and moved sharply lower. The S&P has now pulled back almost 5% from its most recent high, shifting the risk/reward as the Q3 earnings season begins. Investors will be watching the consumer prices report, initial and continuing jobless claims data, and the weekly energy inventory reports. In early pre-market trading, Dow futures are 298 points below fair value, Nasdaq…

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.