Major indices fall over -1.2% on the day
The US stocks started the day in the red and ended in the red. In between, it was in the red too.
The best the major indices could do today was:
- S&P -0.38%
- Nasdaq - 0.43%
- Dow, -0.41%.
The low point for each was:
- S&P, -1.56%
- Nasdaq, -1.57%
- Dow, -1.76%
The closing levels for each was:
- S&P, -1.23%, down -35.97 points
- Nasdaq, -1.20%, down -95.73 points
- Dow, -1.49%. down -391 points.
Not a good day for the major indices as trade concerns and anxiety over Hong Kong developments, has the major indices worried.
Below is a graphical represenation of the major US and European % highs, lows and closes. The European shares ended lower, giving up earlier gains in the day.
Financials and Energy drag, but all 11 sectors of the S&P moved lower.