Stock market sell-off continues; ‘mysterious plunge’ overnight in equity futures

Stock market sell-off continues; ‘mysterious plunge’ overnight in equity futures

[Ed. – Hmm. Maybe it’s spontaneous. Maybe not.]

  • CME Group says it had to intervene with multiple 10-second pauses to prevent a steeper decline in equity futures.

  • Speculation for the swell in volume and plunge in futures included the news of the arrest of the CFO of the Chinese telecom company Huawei.

  • Traders also speculated that the selling could be attributed to a large fund or funds liquidating a position.

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The stock market sell-off on Thursday began with a mysterious overnight plunge in equity futures that caused the CME Group to halt trading in several intervals.

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