- German DAX futures -1.4%
- FTSE UK Futures -0.8%
- Spanish IBEX Futures -1.1%
That postpones Friday’s selloff, with S&P 500 futures also down 1.0% at the moment. May starts off terribly the same as April and if deleveraging is the theme, it will be another testing month for equities.
The S&P 500 is testing the 4100 level with its 100 week moving average at 4041: