Dow Dumps 200 Points From Pre-Market Melt-Up Highs As XIV Sinks

Seriously...

Dow futures are now down almost 200 points from their pre-market highs as the XIV ramp into the open fades...

 

And Nasdaq's (green below) panic-bid evaporates as Dow (blue) and S&P (red) tumble...

 

Did the bond yield spike spook stocks? Or was it simply pure manipulation into the bell?

 

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