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.
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