- S&P futures up 0.4%, off worst levels and significantly off overnight highs.
- S&P suffered the biggest one-day pullback since February 2018.
- Asian equities mixed overnight. Japan the big decliner after being closed on Monday, losing more than 3%. Australia also fell sharply though South Korea bounced.
- European markets weaker.
- Treasuries little changed after big gains on Monday.
- Dollar extending recent weakness vs yen but better on the euro cross.
- Gold down 1.5%, giving back a good chunk of recent gains.
- WTI crude down 0.4% after yesterday's 3.7% drop.
- Bullish sentiment for S&P dropped under 50% to 43%
- Today's Daily Note will do an initial damage assessment after yesterday's action