SPY futures signal lower open; S&P 500 snapped three-day skid
SPDR S&P 500 ETF Trust (SPY) is indicated for a lower open as Hammerstone MarketTalk cites futures weakness and notes the prior day’s S&P 500 rebound from a three-day losing streak.
SPY We're heading for a lower open, with the decline in futures picking up steam this morning.
The S&P 500 yesterday snapped its three-day losing streak, though the index closed well off its highs of the day.
The rally fueled by the Treasury Department's bond-buying announcement lost momentum as the day went along. - per Cramer Investing Club Newsletter