The major US indices are closing sharply lower for the 2nd consecutive day. The Nasdaq led the decline with a tumble of -2.55%.
A look at the closing levels shows:
- Dow industrial average is closing down one 643.15 points or -1.91% at 33063.62-
- S&P index is down -90.49 points or -2.14% at 4138.00
- NASDAQ index is modestly in 23.63 points or -2.55% at 12381.58
- Russell 2000 is down -41.60 points or -2.13% at 1915.74
All 11 sectors of the S&P move to the downside. The weakest included:
- consumer discretionary's, -224%
- information technology, -2.78%
- communication services -2.66%
The best of the worst included:
- energy -0.25%
- consumer Staples -1.11%
- healthcare -1.38%
Leading the downside:
- Intel, -4.35%
- Salesforce, -3.64%
- Disney, -3.46%
- Microsoft, -2.94%
The best of the worst Dow stocks include:
- P&G, -0.24%
- J & J, -0.34%
- Chevron, -0.44%
- Verizon, -0.56%