[CHART] SPI futures end at session lows reflecting weakness for US markets. The Dow suffered its worst decline since October. At the close the Dow was down by 634 points or 2.1% after being down 730 points. The S&P 500 lost 2.6% and Nasdaq was down by 355 points or 2.6%. #ausbiz
**1/4** Institutional interest is ramping up: our latest Exchange Review shows that monthly @CMEGroup #BTC futures contract volumes increased 37.9% since October to reach 214,000 contracts traded in November.
Monthly @CMEGroup futures contract volumes decreased 23% from September to 155,000 contracts traded in October. Options contract volumes also decreased 23% in October to 3,747 contracts traded. Read more about how #crypto exchanges fared in October here:
MORE: U.S. stock index futures pare declines slightly after October nonfarm payrolls report
BREAKING: #Gold extends early modest gains to trade solidly higher and hit a new record high of $2,000.60, basis October futures, as charts and fundamentals remain fully bullish. October gold up $25.10 at $,1999.60 | #kitconews |
If this morning's drop holds anywhere near current levels, the S&P 500 futures median opening gap over the past 10 days is -2.1%. That's worse than any period in history, exceeding the prior record from October 27, 2008.
Small speculators in index futures are net long only about $9 billion worth of futures. That's down from $60 billion last October.