A.M. Update

Things are pretty ugly this morning. Index futures are making a lower low in the decline from the middle of last week. S&P futures are down -1.75%, Nasdaq-100 -2.2% and Russell 2000 -2.5%. S7p futures (7M) with yesterday’s high and this morning’s low. Bonds continue to sell off as oil soars. The 10-yr yield is…