Global markets were universally down overnight on concerns of the Fed hiking rates and continued banking fears. The KBW regional banking index saw its largest percentage drop since March 13th, down 4.47% as fears over another collapse in the US banking sector rose. Dow Jones was down 367 points (-1.08%) at best the Dow was down 34 at worst, and down 615. S&P 500 down 1.16%. NASDAQ down 1.08%. VIX Volatility Index up 10.6%. European markets also dipping lower on contagion fears, FTSE -1.24%, Germany -1.23%, France -1.45%. SPI Futures are down 41 points (-0.56%). Macquarie Equities Conference continues.

Tune in to Henry Jennings’ Pre-Market Podcast to get in the know for the day ahead. 

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