Heat map takes on the color red

The US stocks are opening in the red. The Heat Map of the winners and losers in the S&P has little pockets of green but the vast majority is all red. Turkey, emerging market contagion, flight to safety, trade, earnings are all a worry.

The snapshot as I type is showing:

  • S&P is down -18 points or -0.64%
  • Nasdaq is down -61 points or -0.77%
  • Dow is down -145 points or -0.57%

US yields are moving lower with the yield curve flattener continuing.

Gold is on the run lower and is down -$11 or -0.92%

Crude is down about a -$1.00

The JPY and the USD remain at the top of the strongest to weakest among the major currencies.