Global equity markets pull back ahead of Wall Street session
Global equity markets are pulling back ahead of a key Wall Street session. This will be the first US session after a long weekend and the first after S&P Dow Jones Indices failed to include Tesla in S&P 500 rebalancing. The US electric vehicle manufacturer is said to trade around 10% lower in premarket trade compared to Friday's close. US100 is trading 1.2% lower today. Traders should expect elevated volatility near Wall Street open at 2:30 pm BST.
US100 is deepening declines and breaking below support at 11,400 pts ahead of pivotal Wall Street session. Source: xStation5