The S&P 500 is now down 16 points to 1961, or 0.8%. The tech darlings are the ones taking a beating today and the Nasdaq is down 1.5%.

The selling may stall as European shares close for the day.

What’s interesting on the intraday chart is the inability of EUR/USD to break 1.3617 today so far and USD/JPY holding the lows.