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Tweet author, industry influencer, reported that futures for major U.S. stock indexes opened lower. The Dow Jones fell 0.24 percent, the S&P 500 dropped 0.28 percent, and the Nasdaq also declined 0.28 percent. The VIX, which measures market volatility, was down 1.34 percent.
These moves indicate a cautious start for U.S. equity markets.
In recent sessions, Peter Tuchman reported that the S&P 500 dropped 0.39 percent, erasing over $1.7 trillion in market capitalization over five days according to his earlier coverage. In a separate update, he noted a 0.44 percent gain for the index that added more than $200 billion in market value after a volatile trading session. These prior moves add context to the current cautious open.