US stocks open in the red ahead of Richmond Fed index- no immediate rebound for the S+P 500

All three major US stock market indexes have just opened lower, as was entirely expected and priced into the futures beforehand. The S+P 500, Dow Jones and Nasdaq 100 indexes are pretty much matching strides on the downside in early trading and so far it has been pretty even, but it is right now the tech sector and the S+P 500 that are outpacing to the downside. At 2pm we will get the only US economic release of the day- the Richmond Fed manufacturing index (expected -17 from -21 previously) which is forecast to show a modest improvement. That remains to be seen as does any impact on US stocks. Meantime, the S+P 500 is trying to steady, but as yet still not making it back close to where the index closed last night. It is currently trading at 5,825