SPY - Market Volatility Bulletin: Stocks Get The Jitters As S&P Nears 2800 (Again)
Market Intro
Econoday
CNBC: 11:05AM EST
There can be little doubt of the particular cause for Thursday morning's decline on this occasion: retail sales (XLY, XRT) data came in very weak, and neither weather nor the government shutdown are likely to weigh too heavily as the main instigators.
Stocks look to be trying to brush away the initial dip, as the S&P seeks a move back toward the 2800 line, which has proven such a testing grounds on multiple occasions in the last year.
Spot VIX is up 6%, almost a point.