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Dow fell -700 points at the lows
The major indices are closing at the session lows with each closing 2%+ lower on the day.
- The major indices have closed lower for the third consecutive day.
- The NASDAQ index is leading the way, and is has moved down about -8.5% from the highs so far (in 9 trading days).
- Decliners to advancers is about 7 to 1 today.
- The Vix index has a spiked to 27.46%, up 5.57%. The low was 21.66%
- All sectors with the exception of energy were lower in the S&P
A look at the closing levels shows:
- S&P index fell 89.2 points or -2.15% at 4062.90
- NASDAQ index fell – -357.75 points or -2.67% at 13031.68
- Dow fell -682.09 points or -1.99% at 33587.40
- Russell 2000 fell -71.85 points or -3.26% at 2135.14
The stocks are on track for the worst week in more than six months
The biggest losers in the Dow were led by Home Depot which felt -4.13%. Boeing fell -3.54%. Microsoft fell -2.91%.
A look of some other losers include:
This article was originally published by Forexlive.com. Read the original article here.