Markets Probing Bottoms as Risky Bets Fall Out of Favor
The major U.S. index futures are pointing to lower opening on Tuesday, with sentiment reflecting heightening of risk appetite amid an across-the-globe sell-off in risky bets. Earlier in the Asian session, government bond yields dipped into negative terrain in Japan, the first of a kind move for G-7 nations. Crude oil futures are dipping after holding up for much of the overnight session and most other commodities are lower. The dollar has been mixed, higher against commodity currencies and the pound, while it is weaker against the safe haven yen and the euro.
2/9/2016 4:20:50 PM Stocks fluctuated throughout the trading session on Tuesday, unable to sustain any significant moves. The choppy trading on the day came on the heels of the sell-off that was seen over the course of the two previous sessions.