US equities set for another spill at the open

<p>This isn't the start to the year that equity bulls hoped for.</p><p>After yesterday's rout, S&amp;P 500 futures are down 24 points, or 0.5% while Nasdaq futures are 0.7% lower. </p><p>The market isn't getting any help from fixed income where yields have extended gains to 3-5 bps across the curve. Ten year yields are now just below 4%, which isn't going to help.</p>

This article was written by Adam Button at www.forexlive.com.