European indices are deepening losses across the board with US futures also slumping more heavily now on the day. S&P 500 futures are down 35 points, or 0.8%, as the drop extends:

Meanwhile, the DAX is down 0.9%, Eurostoxx down 0.9%, and CAC 40 down 0.7% currently. Regional indices aren’t able to take much comfort after having seen German producer prices post a record increase in July here.

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