Weak global demand for energy and commodities is permeating to technology as the NASDAQ continues to sell-off. The demise of the Ospraie hedge fund is likely spreading fear and other funds are probably busy unloading. S&P strength was courtesy of financials and consumer discretionary
Economic calendar: Initial claims, productivity in pre-market; ISM services at 10:00, and Crude inventories at 10:35. Also ADP employment in pre-market.
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