US indices all moved lower with the Russell 2000 of small cap stocks faring the worst. That index fell by over 2% on the day. The S&P and Dow each fell by around 0.6%.
A snapshot of the closing levels shows:
- Dow industrial average-301.07. Or -0.65% at 45952.24.
- S&P index fell -41.99 points or -0.63% at 6629.07.
- NASDAQ index fell -107.54 point or -0.47% at 22562.54.
- Russell 2000 fell -52.73 points or -2.09% at 2467.01.
Looking at the S&P components, Financials was the weakest while information technology was the sole component that rose on the day.
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Financials: -2.75%
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Energy: -1.12%
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Utilities: -1.05%
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Industrials: -0.59%
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Materials: -0.55%
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Real Estate: -0.33%
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Consumer Discretionary: -0.88%
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Consumer Staples: -0.78%
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Health Care: -0.11%
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Telecom: -0.44%
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Information Technology: +0.13%
This article was written by Greg Michalowski at investinglive.com.