As Europe closes with a record high DAX and a 15 year high for the FTSE-100, it seems the weakness implied by USDJPY and bonds has caught up (or down) to US equities. After bagging the 1,900 level, the S&P 500 is now down on the day and while Trannies hold green, the Russell 2000 is getting slammed (-0.8%)... but it's Tuesday!!!
Who could have seen that coming...
Charts: Bloomberg



