The CBOE VIX started with a gap and rise of 20% and the indices are under pressure. Futures on US stock indices indicate a negative start for the stock market session.
The DJIA is expected to open 400 points after the 3M and Caterpillar disappointed with their earning reports. SPX and Nasdaq are also expected to open lower.
The European indexes have made a slight adjustment in recent hours, but the gaps since the opening of the stock trading session today are far from being filled.
Companies' valuation against the background of the Fed's rise in interest rates and questions about the slowdown in the Chinese economy continue to worry investors.
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