Update: Futures markets have just opened and Dow Futures are down 500 points...
All of Friday's melt-up to record high gains, gone...
WTI Crude is down over 2% at the open...
What is more problematic, as Nomura's Charlie McElligott warns in an emergency note this evening:...MORE
SPX / SPY consolidated options “Gamma” is set to flip ‘negative’ around 2890 as an “acceleration point” where moves could get sloppy with dealer hedging....
Earlier at ZH:
Trade Deal Dead: Trump Says 10% China Tariff Rising To 25% On Friday, Another $325BN In Goods To Be Taxed