The major US stock indices are closing lower for the 3rd consecutive day.
- Declines in the indices are marginally above and below 1% .
- All 11 sectors of the S&P index fell.
- Only American Express and J.P. Morgan close higher in the Dow 30.
- The S&P index closed back below the $4000 level for the 1st time since July 27.
- Apple Computer fell below its 200 day moving average at $161.03 closing at $158.88. It's 100 day moving average is down at $153.99
The final numbers are showing:
- Dow industrial average -308.67 points or -0.96% at 31790.33
- S&P index -44.46 points or -1.10% at 3986.15
- NASDAQ index fell -134.52 points or -1.12% at 11883.16
- Russell 2000 fell -27.34 points or -1.45% 1855.59
Looking at the 11 sectors of the S&P index:
- energy -3.36%
- materials -1.71%
- industrials -1.48%
- utilities -1.47%
The best of the losers included:
- financials -0.42%
- healthcare -0.66%
- communications -0.79%
- consumer staples at -0.99%
