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    Futures on Wall Street tumbles ahead of the bell

    Futures on major US indices declines ahead of the opening bell after one day holiday, responding to weak start of the week in Europe. European investors once again weight riks associated with Brexit while Mark Carney pointed that some risks crystallized and Brexit would have negative impact on growth prospects. 

    Commodities sink along with stocks, especially crude oil which is down about 3%, despite information about ceasefire break in Nigeria. 

    Meanwhile, we wait for the next earnings season in the US and analysts predict a decline of more than 5% for companies in major S&P 500 index. That would be the fifth straight quarterly decline, the longest streak since 2009. Currently on the futures market:

    S&P 500 fut.: -0,57%

    DJIA: -0,52%

    Nasdaq fut.: -0,60%

     

    Any person acting on this information does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it.



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