Thanks to overnight exuberance in oil (via Venezuela) and the seemingly ubiquitous buying that occurs after every terror attack (see Paris for the best example), US equities have retreated back into the red – led by NASDAQ (AAPL batteries’ exloding rumors) – as quad-witching shenanigans have given way to pre-Fed anxiety (despite a 9% chance of a rate hike this week)…
AAPL is fading on JPM’s lack of exuberance and on rumors of exploding iPhone 7 batteries. Moments ago RANsquawk sources note talk of reports doing the rounds that batteries in the latest iPhone 7 have reportedly been exploding – unconfirmed.
Dragging the Nasdaq lower:
And VIX spiked:
And not helped by the plunge in September rate hike odds as reality bites that bad news (data) is not good news at all:
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