The major US stock indices are closing sharply lower on the day. The declines were led by the Russell 2000 which fell -2.22%.

A snapshot of the closing levels shows:

  • Dow industrial average -696.75 points or -1.63% at 41938.45
  • S&P index -91.21 point to rise 1.54% at 5827.04
  • NASDAQ index -317.25 points or -1.63% at 19161.63
  • Russell 2000 - 41.73 points or -2.22% at 2189.23.

For the trading week, the major indices are closing lower. The first trading week of the year was also lower.

  • Dow industrial average -1.86%
  • S&P index -1.94%
  • NASDAQ index -2.34%
  • Russell 2000 -3.49%