The Market Is Crumbling

The selloff in stocks is picking up pace in the final hour of morning trading in the United States.

The S&P 500 is down 0.5 percent at the moment, and it's the first big move we've really seen today:

The euro just fell fast against the dollar as well, erasing the sharpest upward move we've seen in about a week earlier this morning.

At the same time, U.S. dollar futures spiked a bit – which confirms that this is a U.S. dollar story.

The VIX is also roaring higher. It's up over 8.5 percent this morning:

Apple shares continue to underperform today. The stock is currently down 1.5 percent, near its lows of the session.

WTI crude oil futures have flattened out around $90.90 after a big upward move at 9 AM, when headlines about a foiled terrorist plot in the Middle East broke. It's unclear whether that story was responsible for the price surge.

This morning, the Case-Shiller Home Price Index rose slightly ahead of estimates.

However, the Richmond Fed Manufacturing index fell faster than expected.



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Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.3587+0.0009+0.07%
    USDSGD=X
    1.5605+0.0009+0.06%
    EURSGD=X
    1.9704+0.0018+0.09%
    GBPSGD=X
    78.8783+0.0778+0.10%
    SGDJPY=X
    5.7125-0.0046-0.08%
    SGDHKD=X
    2.9541-0.0104-0.35%
    SGDMYR=X
    9,855.7363+3.3672+0.03%
    SGDIDR=X
    4.7807-0.0031-0.07%
    SGDCNY=X
    1.0142+0.0014+0.14%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,282.00+7.60+0.60%
    GCM16.CMX
    17.44+0.14+0.83%
    SIN16.CMX
    83.27-3.96-4.54%
    ^XAU
    2.190.00+0.05%
    HGN16.CMX
    44.54+0.76+1.74%
    CLM16.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.24-0.02
    ^FVX
    1.78-0.02
    ^TNX
    2.64-0.02
    ^TYX

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