The stock markets are starting to lose upside momentum. The situation in Canada is starting to weigh it seems with the thought that the action may not be isolated. The Canada S&P/TSX index is down 1.14% now.

The European major indices all closed higher.

Below is a snapshot of the current market. The lower chart shows, the change bar for each of the major indices. The European markets had already closed when the reversal started in the US.

US and Canada Stock indices are starting to move lower.

US and Canada Stock indices are starting to move lower.