Futures turned ugly.
Maybe it was the news:
Statistic For Actual Briefing Forecast Market Expects Prior MBA Mortgage Index 11-Oct 5.60% NA NA 3.80% Retail Sales Sep -0.30% 0.20% -0.20% 0.60% Retail Sales ex-auto Sep -0.20% 0.60% 0.30% 0.30% PPI Sep -0.10% 0.00% 0.10% 0.00% Core PPI Sep 0.00% 0.10% 0.10% 0.10% Empire Manufacturing Oct 6.2 20 20.4 27.5
--or maybe the news was just the latest excuse.