Futures Slide, Reversing Overnight Gains As "Off-Ramp Optimism" Fades

Futures Slide, Reversing Overnight Gains As "Off-Ramp Optimism" Fades S&P futures are unchanged this morning, but approaching session low, following Trump comments that appeared to be the first signs of an off-ramp which however were followed by renewed fighting in the Middle East. While the risk is of re-escalation, JPMorgan writes that we are "seeing a global unwind of war-related trades as the market awaits additional news from US, Israel, Iran" but with headlines like this i...

By Tyler Durden