viewCommonwealth Bank of Australia

S&P/ASX 200 futures down 3% after US markets decimated

S&P 500 Index closed down 4.42% and the Nasdaq Composite closed down 4.61%.

Woodside Petroleum Limited - S&P/ASX 200 futures down 3% after US markets decimated
Reporting season will again take a back seat to volatility today

S&P/ASX 200 (INDEXASX:XJO) (ASX:XJO) futures are down around 3% heading into Friday as markets have one of their worst weeks since the GFC.

The S&P 500 Index (INDEXSP:.INX) closed at 2,978.76, −137.63 or down 4.42% and the Nasdaq Composite (INDEXNASDAQ: .IXIC) closed at 8,566.48, −414.29 or down 4.61%.

Gold is trading slightly lower US$1,641 per ounce, still down from its highs earlier this week of around US$1,690 per ounce.

Crude Oil WTI has been crushed another 5% lower to US$46.21 per barrel putting extra pressure on producers such as Woodside Petroleum Limited (ASX:WPL).

The AUD is up 0.5% overnight off its 10-year lows versus the USD to 65.8 cents.



Quick facts: Commonwealth Bank of Australia

Price: 57.66 AUD

Market: ASX
Market Cap: $102.07 billion

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