Friday's Market Recap - Stock Ended Lower As Investors Assess Where The Markets Will Go Next.

What is The Premarket Telling Us?

7:00 AM.

Stock futures are all in the red at this hour, suggesting stocks will be lower at the open. Dow futures down 129 points, Nasdaq futures down 8.50 points, and S&P futures down 12 points. Asian markets were mixed overnight.

On The Bond Desk:

The US 10 Year Bond Yield at 1.13%, up 0.04%.

Currency Desk:

Eurodollar: 1.21

UK Pound: 1.36

Crude Oil:

WTI crude oil futures at $52.98/barrel, down 1.10%.

On the Earnings Calendar:

None to report

In M&A News:

None to report.

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What About The Asian And European Markets?

Major Asian markets closed the day mixed. Japan (Nikkei 225) down 0.62%, Shanghai up 0.01%, Hong Kong (Hang Seng) up 0.27%

Major European markets ended lower. German (DAX) down 0.99%, France CAC 40 down 1.22%, London FTSE 100 down 0.97%

Market And Sector Dynamics

Markets started the day lower. The Dow lost 65 points, Nasdaq lost 14 points, and the S&P lost 16 points. WTI crude oil started lower at $52.75/barrel, down 1.51%, and the US 10 Year Bond held at 1.099%.

Markets traded lower for the entire trading session. Stocks hit the low of the day about an hour after the open, with the Dow down 380 points, the intraday low. Stocks rebounded sharply off the low, climbing back towards the flat line, during the rest of the session, before losing some momentum just before the close of trading.

The selloff was moderate, with seven of the eleven S&P sectors ending with losses, led by Energy, Financials, Basic Materials, Industrials, Technology, Consumer Discretionary, Consumer Staples. Real Estate, Utilities, Healthcare, and Communication Services ended with gains.

Factors Influencing Today's Market

• Asian markets ended mixed, while European markets ended lower.

• US 10 Year Bond closed at 1.087%, down 3.75%.

• WTI crude oil closed at $53.80/barrel, down 2.26%.

• This week's Baker Hughes US Oil Rig count rose 12 to 287 total.

Market Close Volume Traded And Advance Decline Ratio

Stocks ended the session solidly lower. The Dow lost 177.26 points, Nasdaq lost 114.14 points, and S&P lost 2729 points. Total NYSE volume trade, moderate 5.38 billion shares. Declining shares outpaced Advancing shares slightly better than 2:1.

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Data Sources: Bloomberg, CNBC, CNN Money, Google Finance, Market Watch, TD Ameritrade, Yahoo Finance.