Via Dave Lutz at JonesTrading, here’s what traders are talking about before Monday’s open. Good Morning! US Futures are continuing Friday’s NFP weakness, with the Russell losing 25bp early. This mirrors weakness overseas, which sees the DAX losing 60bp in very good volumes. Consumer Discretionary and Tech are the main drivers of weakness, while the Fins are buoyed as Deutsche Bank shares jump on CEO changes. Turkish lira falls sharply on election and their equity market lost over 7% at one point. Ukraine, Worsening Greece headlines, Turkey, US NFP all being blamed for the sea of red in Europe. …read more
Source: Business Insider