Comment on STOCKS TANK AFTER WILD DAY: Here's What You Need To Know (DIA, SPY, QQQ, TLT, NFLX, TWX, USO, NBR, SDRL, WLL, RIG, CXO, HP)

STOCKS TANK AFTER WILD DAY: Here's What You Need To Know (DIA, SPY, QQQ, TLT, NFLX, TWX, USO, NBR, SDRL, WLL, RIG, CXO, HP)

Stocks finished lower, but way off their worst levels, after a wild session that saw stocks open sharply lower as bond yields fell around the world, oil prices remained a multi-year lows, and several US economic data points came in below expectations. At their lows, stocks were down more than 2% across the board, with the Dow falling as much as 435 points and the S&P 500 losing all of its year-to-date gains.

 

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