US equities sink to session lows at the close. Nasdaq decline hit 10%

  
Analysis, US Market

It was an ugly finish for US stocks as heavy selling hit in the final half hour of trade to extend the decline in the S&P 500 to 1%.

  • S&P 500 -45 points to 4532
  • Nasdaq Comp -1.1% (now down 10.7% from the Nov 19 high)
  • Russell 2000 -1.2%
  • DJIA -1.0%

The S&P 500 closed right at the December 20 low:SPX 30 minute chartSPX 30 minute chartSPX 30 minute chart

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