[BRIEFING.COM] Selling pressure continues to weigh on stocks. In turn, the S&P 500 and the Dow are at fresh session lows, while the Nasdaq has come back in touch with the session lows that it set earlier. Their losses have completely erased the broad-based gains that were booked in the previous session and are now testing the lows that were registered earlier this week.
Volatility has spiked with this session's selling effort. That has the Volatility Index, often dubbed the fear index, is up 9.3% in its sharpest spike in one month. |