S&P futures vs fair value: -11.50. Nasdaq futures vs fair value: -29.00.
Stock futures give up their gains and now point to a lower start as European markets fall. The Ted Spread — the difference between what banks pay for three month loans (3-month Libor) and what the U.S. government pays (3-month T-bills) — is up 44 basis points to 4.00%, which is a sign that market unease remains high. September same-store [...]



