S&P 500 Futures Sink Instantly After Apple Earnings

Perhaps the most anticipated earnings release for investors – Apple – is out, and the company missed expectations on a large number of metrics.

S&P 500 futures instantly shed 4-5 points upon the release:

Needless to say, it's no surprise that the broader market is headed lower. After all, Apple is the largest company on the market, it's the most widely-owned stock by hedge funds, and given its dominance in the American household and popular culture, it's a big name for retail investors as well.



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MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.245+0.015+6.52%
    N21.SI
    0.400.000.00%
    E5H.SI
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    5ME.SI
    0.1060.0000.00%
    5WA.SI
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    Y92.SI
  • % Gainers
    % Gainers
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    AYB.SI
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    K14.SI
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    C76.SI
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    5TI.SI
    1.375+0.135+10.89%
    5G3.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.17-0.07-29.17%
    AZR.SI
    0.25-0.09-26.47%
    PA3.SI
    0.54-0.08-12.90%
    AZA.SI
    0.148-0.020-11.90%
    5PD.SI
    0.183-0.017-8.50%
    P36.SI

Market Data

  • Currencies
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    NamePriceChange% Chg
    1.4196-0.001-0.07%
    USDSGD=X
    1.4954-0.001-0.07%
    EURSGD=X
    1.7744+0.0024+0.14%
    GBPSGD=X
    79.9600-0.016-0.02%
    SGDJPY=X
    5.4648+0.0036+0.07%
    SGDHKD=X
    3.1394+0.0021+0.07%
    SGDMYR=X
    9,409.9287-34.4863-0.37%
    SGDIDR=X
    4.8470+0.0039+0.08%
    SGDCNY=X
    1.0908+0.0008+0.07%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,234.90-4.00-0.32%
    GCJ17.CMX
    17.94-0.06-0.31%
    SIH17.CMX
    91.73-0.83-0.89%
    ^XAU
    2.73-0.02-0.69%
    HGH17.CMX
    54.52+0.19+0.35%
    CLJ17.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.92+0.01
    ^FVX
    2.430.00
    ^TNX
    3.04+0.01
    ^TYX