A.M. Update

S&P futures are down -0.35% and Dow down -0.65. Nasdaq and Small Caps are down-40% and -0.6% respectively.  The U.S. Dollar Index continues its tear higher, up +0.65% and yields are marginally higher as well with the 2-yr p 1bp and the 10-yr up 3 bp. The negative disposition of the equity futures market, though, is…