Dow falls 946 points at the low

The major indices are all closing lower but off their lowest levels

  • Russell 2000, Dow transports down 10+ percent from the highs
  • NASDAQ down for the fifth consecutive day. Longest losing streak since October 2020
  • Energy sector sags as oil prices tumble. Crude oil has its worst day since September 2020
  • All 11 sectors of the S&P are lower. Technology fell 1.39%, discretionary fell -1.12%.  Energy fell -3.60%. Financials fell -2.79%. Materials fell -2.17%.
  • All 30 Dow stocks are lower. It is the worst day of the year for the Dow and the worst day since October
  • S&P and NASDAQ has the worst day in 2+ months
  • The S&P index dipped below its 50 day moving average but has rallied above the level into the close

A look at the closes shows

  • S&P index -68.65 points or -1.59% at 4258.51. That is above its 50 day moving average at 4240.31. The low dipped to 4233.13 before rebounding modestly into the close . The high reached 4296.40. 
  • Nasdaq fell -152.25 points or -1.06% at 14274.98
  • Dow fell -725.81 points or -2.09% at 33962.04
  • Russell 2000 fell -32.54 points or -1.48% at 2131.22

The biggest Dow decliners were:

  • Boeing, -4.93%
  • American Express, -4.24%
  • Honeywell, -4.16%
  • Dow -3.72%
  • Walt Disney, -3.58%
  • Travelers, -3.25%.

The smallest Dow loser was:

  • Procter and Gamble, -0.04%
  • Walmart, -0.23%
  • SalesForce, -0.39%
  • Amgen, -0.42%.

Other big losers today included:

  • MasterCard, -5.6%
  • United Airlines -5.54%
  • Exxon Mobil, -4.99%
  • Schlumberger, -4.3%
  • American Airlines, -4.24%
  • Delta Air Lines, -3.74%
  • Emerson, 123.55%
  • whirlpool, -3.4%
  • Stryker, -3.37%

Some winners today included:

  • Novavax, dollars 12.70%
  • livePerson, +7.55%
  • Chewy, +6.83%
  • DoorDash, +4.86%
  • Nvidia, +3.41%
  • GameStop, +2.63%
  • Roblox, +2.17%
  • GoodRX, +1.99%

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