Europe off nearly 9%; S&P 500 indicated down 10%

U.S. stock index futures are locked limit down with 5% declines. The SPDR S&P 500 ETF (NYSEARCA:SPY), however, faces no limits – it’s down 10% in premarket action.

The SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA) is also down 10%, and the Invesco QQQ ETF (NASDAQ:QQQ) is off 8.9%.

Checking Europe close to midday, the Stoxx 600 (NYSEARCA:FEZ) is lower by 8.7%, led by a 10.4% decline in Spain (NYSEARCA:EWP).

Oil is down 7.7% to $29.30 per barrel. Gold isn’t catching any sort of bid – it’s off 3% to $1,455 per ounce.

https://seekingalpha.com/news/3551956-europe-off-nearly-9-s-and-p-500-indicated-down-10