• Dow -138.50 at 10853.63, Nasdaq -20.21 at 2447.78, S&P -14.80 at 1139.43

Market news

12 September 2011

Dow -138.50 at 10853.63, Nasdaq -20.21 at 2447.78, S&P -14.80 at 1139.43

The broad market remains mired in negative territory with a loss of more than 1%. Of the major sectors, only utilities, consumer discretionary, and tech have managed to limit their losses to less than 1% (they are all down 0.8%). In contrast, aggressive selling continues to take materials stocks lower; as such, the sector is now down 2.5%.

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