Fasten your seat belts, it’s quadruple-witching day! What you need to know before markets open – FINANCIAL NEWS-ecozik.com
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Fasten your seat belts, it’s quadruple-witching day! What you need to know before markets open

North American markets look headed for a lower open today as the Fed love-fest fades, a whack of options expire and commodities can't catch a break.

U.S. stock index futures are lower today as a selloff in commodity markets showed no indications of easing.

Trading may well be more volatile than normal on “quadruple-witching” Friday, when options on stocks and indexes in addition to futures on indexes and single stocks expire.Crude oil prices were heading for their third straight weekly loss as global oversupply continued to pile pressure. Exxon and Chevron shares were down 0.6 percent in premarket trading.Global markets fell on Friday, with investors turning wary about the impact of the stronger dollar and weakening commodity prices on the global economy. U.S. stocks closed lower on Thursday, led by declines in energy and materials shares.The dollar index, however, shed some of its post-Fed rate hike gains on Friday, after the Bank of Japan reorganized its stimulus program.BlackBerry Ltd stock soared in premarket after reporting higher revenue and a smaller loss than analysts were expecting.
 ? Thomson Reuters 2015

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