US stock markets set for a rough open as quad witching hits https://t.co/zscb7DFY8w
BREAKING: Stock market futures extend losses with the S&P 500 set to open -55 points lower. S&P 500 futures have now erased -$700 billion since their pre-market high. Read our thread below for more. https://t.co/hPpRugB6xu https://t.co/dXLIjdZ662
$spx futures -12 as we head in quad witching https://t.co/cr6c9f0CPX
U.S. stock market futures are indicating a rough opening on Wall Street, with the S&P 500 futures down 55 points as of the latest reports. The decline follows a period of gains during the overnight session, where futures had been up as much as 0.5% before sliding to a loss of 0.7% around 4 AM ET. This sell-off trend has resulted in a total loss of approximately $700 billion from the S&P 500 futures since their pre-market high. The current market activity coincides with quad witching, a phenomenon that occurs when stock options and futures expire simultaneously, often leading to increased volatility in the markets.
