US stock market open 26 September 2016

  • S&P -12pts to 2152

  • Dow -121pts to 18139

  • Nasdaq -36pts to 5268

US 10 year yields 1.60% -2bp

I haven't checked the heat map yet but I suspect that banking stocks aren't going to be flavour of the day after the weekend news about Merkel ruling out state aid for Deutsche Bank.