The major US stock indices are lower but off the premarket levels awed by the futures. The NASDAQ index is down -162.2 or -0.83%. The S&P index is down -46.2 or -0.76%. The Dow is down -575 points or -1.34%.
Shares of Adobe are getting hammered after beating expectations and guiding marginallly higher. Go figure. Shares are down -7.15%.
The University of Michigan consumer sentiment preliminary will be released at 10 AM with the expectations of 53.5. Current conditions is expected at 59.4 and expectations are expected at 49.0.
This article was written by Greg Michalowski at www.forexlive.com. Read More Details
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