European markets are down ~3%. EDIT: Make that ~4.5%. This is getting interesting! Index futures markets suggest that the S&P500 will drop by ~3%, and the NAS

European markets are down ~3%. EDIT: Make that ~4.5%. This is getting interesting! Index futures markets suggest that the S&P500 will drop by ~3%, and the NASDAQ will drop by 4% when the market opens. Tech stocks get hit harder in circumstances like this: http://www.ft.com/cms/s/0/8a62642e-49b9-11e5-9b5d-89a026fda5c9.html http://www.ft.com/cms/s/0/8a62642e-49b9-11e5-9b5d-89a026fda5... (Google "Market turmoil leaves tech sector exposed" to bypass the paywall). Bill Gurley is being bearish: https://twitter.com/bgurley/status/634573025329807360 https://twitter.com/bgurley/status/634573025329807360 It's worth remembering how markets really work: https://pbs.twimg.com/media/CNKLWDOW8AAgUBv.jpg:large https://pbs.twimg.com/media/CNKLWDOW8AAgUBv.jpg:large