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CORRECT: Dow marks lowest close since March 23; S&P 500 books lowest close since Feb.8
A selloff in Monday afternoon trade reached levels not seen since early February by one measure. The Arms index is was at its highest since on the NYSE briefly hitting above 2.6, approaching its highest level since Feb. 5, when the markets saw another sharp descent, according to FactSet data. The Arms index is a volume-weighted measure of market breadth, that tends to rise when the broader market falls, as the intensity of the selling in declining stocks is usually greater than the intensity of buying in rising stocks, was at 2.621 on the NYSE. It last traded at 2.516. Levels above 2.000 are considered panicky. The Dow Jones Industrial Average ended off its lows, but still booked a loss of about 460 points, or 1.9%, at 23,644 in Monday afternoon trade. The S&P 500 index ended off 2.2% at 2,581, below its 200-day moving average, while the Nasdaq Composite Index turned negative for the year and for the session, off 3.2% at 6,836. The number of advancing stocks on the NYSE outnumbered decliners 2,378 to 567, or by around a 4.2-to-1 margin.
The Nasdaq Composite Index on Monday gave up all of its gains for 2018, marking a stunning reversal of fortune for the index that has represented risk appetite on Wall Street throughout the market's brisk rally to records. The Nasdaq [c: COMP] closed off 2.7% at 6,870. The Nasdaq joins the Dow Jones Industrial Average and the S&P 500 index , which turned negative for the year in the face of last month's sharp selloff. The Dow is down 4.8% for the year and the S&P 500 is off 4.2% so far in 2018. The Nasdaq is now down 0.4% thus far this year.
Stock indexes end sharply lower on Monday to kick off the second quarter, with the Nasdaq for the first time joining the Dow and the S&P 500 in correction territory. The Dow Jones Industrial Average shed 462 points, or 1.9%, to 23,641 points. The Nasdaq Composite Index fell 193 points, or 2.7%, to 6,870. The S&P 500 declined 59 points, or 2.2%, to 2,582. The S&P closed below its 200-day moving average for the first time since June 2016. While, the tech-heavy Nasdaq saw all of its year-to-date gains erased, falling 0.5% this year. Shares of Amazon.com Inc lost 5.6% after President Donald Trump tweeted that how the U.S. Postal Service lost money every time it delivered a package for the e-commerce firm.
All 100 of Nasdaq-100 components finish in negative territory
Nasdaq gives up all of 2018 gains in bruising session
Nasdaq Composite finishes down 2.7%, down 0.5% year-to-date
S&P 500 closes 2.2% lower, down 3.4% year-to-date
Dow ends down 1.9%, down 4.4% year-to-date
All 11 S&P 500 sectors end in negative territory
Dow, S&P 500 close below 200-day moving average for the first time since June of 2016
Whereas nothing seemed to faze the market in 2017, everything seems to be faze it in 2018.
A stock market selloff deepened on Monday after, led by high-flying technology stocks.
Major stateside stock benchmarks are pacing for a better annual performance than much of the rest of the world, despite a volatile few weeks.
It's quite likely the new chair will see more market volatility during his term than did his predecessor. Janet Yellen's time at the helm was marked by mostly serene markets.
Money is flowing back into stocks, a sign that investors believe the market will keep climbing after the recent selloff.
Stop trying to make sense of the stock market, Jason Zweig says.
Here is a selection of factoids about the market's big decline on Monday.
The Dow Jones Industrial Average briefly fell more than 5% from its record high on Monday morning, a pullback that has historically served as an entry-point for bargain-hunting investors.
The stock market's long stretch of calm was interrupted this week.
President Donald Trump on Friday suggested that his election loss would have sparked a plunge in the stock market that's only ever happened eight times.
The year is just 15 trading sessions old and already the stock market has put in almost a full year's worth of gains.
Barring a massive shock before the closing bell on Monday, the S&P 500 will have had 395 trading days without a decline of 5% or more from a record high
Investors are pouring into the stock market as major indexes extend their monstrous rise.
The Nasdaq Composite Index closed at an inflation-adjusted record for the first time in nearly two decades, passing one of the few elusive milestones during this long bull market.
Boeing Co. isn't the biggest firm in the Dow Jones Industrial Average, a blue chip index that also includes the largest U.S.-listed company by market value, Apple Inc.
The stock market had a blowout start to the year. In just four days, the S&P 500 rose 2.6%, its best week since the end of 2016. That's a good omen for the rest of 2018.
The Dow Jones Industrial Average can thank Boeing Co. for its record-breaking run.
No company is more tied to the Dow Jones Industrial Average than General Electric Co. But the Boston-based conglomerate wasn't much help in the blue-chip index's run to its latest milestone.
After a year in which the S&P 500 rose 19%, Wall Street expectations are for a more modest rise in 2018.
Just because stocks had a banner year in 2017 doesn't mean they have to have a bad year in 2018.
Royce Funds Commentary: Volatility Is Back—And Probably Here to Stay
When stocks sell-off, a whole bunch of new financial terms start popping up that you may not be familiar with. Here's our cheat sheet to help you out.
Go West, Young Investor…But Go Wisely: Intelligent Investing in an Unintelligent Landscape
Osterweis Insight: Fed Data Suggest Rates Will Keep Rising
Retirement Security Through Dividends: The Calm Within The Storm
Ray Dalio: Fears of Trade Wars and Other Wars
Royce Funds Commentary: CEO Chris Clark on Why Small-Caps Are Well Suited for Active Management
Key U.S. | Last | Chg | Chg % |
---|---|---|---|
Dow Jones Industrial Average | |||
NASDAQ Composite Index | |||
S&P 500 Index | |||
Russell 2000 Index | |||
Other U.S. | Last | Chg | Chg % |
Dow Jones Transportation Average | |||
Dow Jones Utility Average Index | |||
Dow Jones U.S. Total Stock Market Index | |||
NASDAQ 100 Index (NASDAQ Calculation) | |||
S&P 400 Mid Cap Index | |||
NYSE Composite Index | |||
Barron's 400 Index | |||
CBOE Volatility Index | |||
Global | Last | Chg | Chg % |
Global Dow Realtime USD | |||
Asia/Pacific | Last | Chg | Chg % |
The Asia Dow Index USD | |||
S&P/ASX 200 Benchmark Index | |||
Shanghai Composite Index | |||
Hang Seng Index | |||
S&P BSE Sensex Index | |||
NIKKEI 225 Index | |||
FTSE Straits Times Index | |||
Europe | Last | Chg | Chg % |
STOXX Europe 50 Index EUR | |||
STOXX Europe 600 Index EUR | |||
CAC 40 Index | |||
DAX | |||
IBEX 35 Index | |||
FTSE 100 Index GBP | |||
Americas | Last | Chg | Chg % |
BOVESPA Index | |||
S&P/TSX Composite Index | |||
IPC Indice de Precios Y Cotizaciones |
Company | Last | Chg | Chg % |
---|---|---|---|
UnitedHealth Group Inc. | |||
McDonald's Corp. | |||
Apple Inc. | |||
VISA Inc. Cl A | |||
Pfizer Inc. | |||
Verizon Communications Inc. | |||
Chevron Corp. | |||
Boeing Co. | |||
Coca-Cola Co. | |||
Walt Disney Co. | |||
Goldman Sachs Group Inc. | |||
United Technologies Corp. | |||
Exxon Mobil Corp. | |||
JPMorgan Chase & Co. | |||
International Business Machines Corp. | |||
Merck & Co. Inc. | |||
Procter & Gamble Co. | |||
Caterpillar Inc. | |||
American Express Co. | |||
DowDuPont Inc. | |||
General Electric Co. | |||
Johnson & Johnson | |||
Travelers Cos. Inc. | |||
Home Depot Inc. | |||
Microsoft Corp. | |||
3M Co. | |||
Nike Inc. Cl B | |||
Walmart Inc. | |||
Cisco Systems Inc. | |||
Intel Corp. |