Stocks are really facing a rough time right now as S&P 500 futures have turned flat on the day, with Dow futures in the red and down by 0.2% currently. In Europe, financials are hurt the most as the banking index is down by 6% and weighing on sentiment in the region. Things are really looking ugly as you can see here:
- Eurostoxx -3.1%
- Germany DAX -3.0%
- France CAC 40 -2.7%
- UK FTSE -2.3%
- Spain IBEX -4.1%
