Markets tumbled on Thursday with the S&P losing 1.20% while the Nasdaq fell 2.60%. Asia stocks finished mixed overnight while Europe indexes are in the red this morning. U.S. futures are pointing to a lower open, the Dollar, Yields and Oil are higher while Gold is lower.

Markets rallied on Wednesday, with the S&P adding .58%. Asia stocks tumbled overnight with the Kospi dropping 3.5% and Europe indexes are following suit. The DAX is down nearly 1% as I write this. U.S. futures are pointing to a 1% lower open, the Dollar, Yields, and Gold are lower while Oil is higher.