Futures Hammered

Good Morning folks. As you may have heard, China is yet again in turmoil. Their market opened last night, but that only lasted for fifteen minutes as the selling pressure was too great. The circuit breakers kicked in again and they decided to shut down trading for the entire day.

Here is a look at out futures this morning.  Not pretty.

Asian markets are under intense duress and it is starting to really spill over to global markets.

I will be on the chatroom at about 9am

Joe