Investing

Stock Movers Continue Pessimistic Trend

stock symbol ticker
thinkstock
Shortly after markets opened this morning, the DJIA was down more than 1%, while the S&P 500 and the Nasdaq were off even more. Index futures were even lower, so maybe the opening should be viewed as better than expected.

Among the losers, Bank of America Corp. (NYSE: BAC) and Citigroup Inc. (NYSE: C) were leading the financials, down about 3% and 2.8%, respectively. J.P. Morgan Chase & Co. (NYSE: JPM) was down more than 2%.

Las Vegas Sands Corp. (NYSE: LVS) was off about 6.8% at $48.78.

Brazilian miner Vale S.A. (NYSE: VALE) was down nearly 5%, at a 52-week low of $12.98, as miners took a beating in London today.

Tech stocks are not immune either. Facebook Inc. (NASDAQ: FB) was down about 4%, Microsoft Corp. (NASDAQ: MSFT) was down about 1% and Yahoo! Inc. (NASDAQ: YHOO) was down about 3.5%.

The DJIA was down 1.35% in the first half hour of trading, while the Nasdaq was off 1.5% and the S&P 500 was down 1.53%.

Find a Qualified Financial Advisor (Sponsor)

Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.