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
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    0.1290.0000.00%
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    Y92.SI
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    AFC.SI
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    0.30+0.06+22.45%
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    BHU.SI
    0.162+0.017+11.72%
    QS9.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.011-0.115-91.27%
    QF6.SI
    0.23-0.17-42.50%
    AWI.SI
    0.205-0.055-21.15%
    I06.SI
    0.45-0.10-18.18%
    BFK.SI
    0.385-0.085-18.09%
    E8Z.SI

Market Data

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    GBPSGD=X
    74.0350-0.074-0.10%
    SGDJPY=X
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    SGDHKD=X
    2.9830+0.0072+0.24%
    SGDMYR=X
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    SGDIDR=X
    4.9157+0.0023+0.05%
    SGDCNY=X
    1.0321+0.0032+0.31%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,341.30-4.80-0.36%
    GCZ16.CMX
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    SIU16.CMX
    103.89-1.81-1.72%
    ^XAU
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    HGU16.CMX
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    CLV16.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
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    ^FVX
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    ^TYX