US equity futures are off the lows after comments from Harker

<p>S&amp;P 500 futures are down 29 points shortly before the open to 4509. They fell as low as 4495 but some bids have arrived following dovish <a href="https://www.forexlive.com/centralbank/feds-harker-i-believe-we-may-be-at-the-point-where-we-can-hold-rates-steady-20230808/" target="_blank" rel="follow">comments </a>from Harker. </p><p>The catalysts for selling were soft Chinese economic data and bank downgrades. Yesterday we so dip buyers step in to win the day and I'll be watching for a repeat.</p><p>Oil has already cut its losses in half.</p>

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