A.M. Update – Global Manufacturing PMI’s Plunge

There was something behind those weak 3C signals in index futures last night. S&P futures are down -0.8%,  NASDAQ-100 futures are down -1.15%, and Russell 2000 futures are down -1.4%. Global economic growth concerns are behind the weakness. Specifically, flash June Manufacturing PMI readings from Germany, France, and the U.K. showed a deepening contraction while…