>>> US Gapping down

Gapping down
Select financial related names showing weakness: BBVA -3.1%, SAN -2.5%, LYG -2.4%, NBG -2.3%, ING -1.9%, ING -1.9%, BCS -1.6%, DB -1.4%.

Select metals/mining stocks trading lower: AG -3%, RIO -1.5%, ABX -1.4%, GOLD -1.1%, BHP -0.9%, GDX -0.7%, SLV -0.7%.

Other news: NQ -3.5% (mentioned cautiously in updated Muddy Waters report; thinks NQ set pretext to change auditors), PSTI -2.9% (still checking), MT -2.5% (announces the issuance of EUR600 mln Notes under its EUR3 bln EMTN Program), TSLA -1.1% (reports of stolen Model S crash/fire).

Analyst comments: GTAT -9.2% (downgraded to Neutral from Buy at UBS), JMI -2.5% (downgraded to Sell from Neutral at Citigroup), NSIT -2% (downgraded to Underperform from Mkt Perform at Raymond James), TDW -2% (downgraded to Underweight from Overweight at Morgan Stanley), ODFL -1.3% (downgraded to Hold from Buy at Deutsche Bank), BTU -1% (downgraded to Hold from Buy at Deutsche Bank), HOLX -0.8% (downgraded to Neutral from Buy at BTIG Research).