Dow falls 500 points in the worst start to December since 1931
All three major equity benchmarks are in correction
U.S. stocks closed sharply lower Monday in a volatile session that saw the major benchmarks whipsawing between losses and modest gains in early trading, before investors began selling aggressively Monday afternoon into the close.
The selloff helped drive all three major benchmarks deeper into correction territory, and it marked the worst performance month-to-date in December since 1931 for both the S&P and the Dow.
How did the benchmarks trade?
The Dow Jones Industrial Average DJIA, -2.11% retreated 507.53 points, or 2.1%, at 23,592.78, the S&P 500 SPX, -2.08% fell 54.01 points, or 2.1%, at 2,545.94, and the Nasdaq Composite Index COMP, -2.27% retreated 156.93 points to 6,753.73, a drop of 2.3%.
At its session highs, the Dow was down just 12 points, while the S&P was up slightly more than 1 point. The Nasdaq was trading up 23 points just after noon on Monday, or 0.3% higher.
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https://www.marketwatch.com/story/stock-...2018-12-17
All three major equity benchmarks are in correction
U.S. stocks closed sharply lower Monday in a volatile session that saw the major benchmarks whipsawing between losses and modest gains in early trading, before investors began selling aggressively Monday afternoon into the close.
The selloff helped drive all three major benchmarks deeper into correction territory, and it marked the worst performance month-to-date in December since 1931 for both the S&P and the Dow.
How did the benchmarks trade?
The Dow Jones Industrial Average DJIA, -2.11% retreated 507.53 points, or 2.1%, at 23,592.78, the S&P 500 SPX, -2.08% fell 54.01 points, or 2.1%, at 2,545.94, and the Nasdaq Composite Index COMP, -2.27% retreated 156.93 points to 6,753.73, a drop of 2.3%.
At its session highs, the Dow was down just 12 points, while the S&P was up slightly more than 1 point. The Nasdaq was trading up 23 points just after noon on Monday, or 0.3% higher.
...
https://www.marketwatch.com/story/stock-...2018-12-17
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