Recap of the ES move (sharply lower on Globex reopen, intervention, then bounce)

US cash stock markets were closed on Wednesday following Tuesday's sharp sell off.

Closed as a mark of respect to former President George H. W. Bush.

Globex trading reopened Wednesday evening US time, and saw another sharp drop,

• US equity futures overnight session opens, drops

triggering circuit breaker activity from the exchange:

• CME says it intervened to prevent 'even harder' falls on equity futures