Friday's Market Minute: Are Equity Indices Topping Out?
Yesterday’s -0.4% fall in the S&P 500 futures contract may have stung bulls a bit, but some giveback shouldn’t be a surprise at this point. /ES hasn’t closed more than 1% lower since June 18th, which was the start of a nearly 5% run-up in which only five trading days of the past 18 were red.
