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Market Impact: 0.55

Stocks Slump on Iran War and Weakness in Chipmakers

Market Technicals & FlowsFutures & OptionsInvestor Sentiment & PositioningDerivatives & Volatility

The S&P 500 closed down 1.74%, the Dow fell 1.01% and the Nasdaq 100 slid 2.38%; June E-mini S&P futures declined ~1.72% and June E-mini Nasdaq futures were also lower. The action points to a broad risk-off session with pronounced Nasdaq underperformance and increased short-term downside pressure in equity futures and positioning.

Analysis

The S&P 500 closed down 1.74%, the Dow fell 1.01% and the Nasdaq 100 slid 2.38%; June E-mini S&P futures declined ~1.72% and June E-mini Nasdaq futures were also lower. The action points to a broad risk-off session with pronounced Nasdaq underperformance and increased short-term downside pressure in equity futures and positioning.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.35