Morning Market Stir: Futures and Commodities Preview

From the floor of the CME group Alan Knuckman discusses the sell-off from last week and what it indicates for Monday, August 4. The S&P closed down Friday at 1918, the DOW closed at 16,416 Friday and is now down -.5% on the year, and the NASDAQ was down at 3873. The dollar index closed down at 81.38 and Euro currency was up at 134.30. The bond market closed down at 137.30, crude was down at 97.88 and gold was up at 1295. On Monday August 4, index futures are up, the dollar index is up and euro currency is steady, bonds are up, the 30-year note is at 3.29% yield and the 10-year note is at 2.49%, crude is up and gold is unchanged.