Equities Close
Equities finished significantly lower for the second straight day with Dow futures down 1.3% to 11351, S&P futures falling 1.1% to 1268 and Nasdaq futures tumbling 1.3% to 1919.
In the afternoon, S&P futures made a double bottom around 1263, but still closed near their low. While Energy stocks in the S&P500 gained over 3%, 8 out of 10 sectors were negative. Financials lost 3%, led by Lehman plunging 13%.
The only data to be released tomorrow will be EIA Petroleum Inventories at 10:35am EDT.