S&P 500 down 43 points to 2707

Jitters have ramped up in stock markets, especially tech. The S&P 500 is down 1.5% and the Nasdaq is down 2.3% led by Facebook -8%), which is suffering because of data concerns.

The S&P 500 cut through the minor uptrend since the February bottom. There remains a series of higher highs and higher lows since then but that would be in jeopardy if the index fell below 2650.

Obviously, there are more concerns than consumer data here. The market is worried about trade, war and Trump's feud with the FBI.

The VIX also just hit 20.