Major U.S. stock-indexes fell more than 1% on Thursday, pushing the S&P 500 and the Dow Jones industrial average down 10 percent for the year, as investors jettisoned stocks and scurried toward safer shores. Federal Reserve Chair Janet Yellen stuck to her guns on her return to Capitol Hill on Thursday, saying a weakened global economy and steep slide in U.S. equity markets is tightening financial conditions faster than the Fed wants.
Most of Dow stocks in positive area (28 of 30). Top looser - The Boeing Company (BA, -10,87%). Top gainer - Cisco Systems, Inc. (CSCO, +8,40%).
All S&P sectors in negative area. Top looser - Financial (-2,9%).
At the moment:
Dow 15545.00 -321.00 -2.02%
S&P 500 1816.75 -30.00 -1.62%
Nasdaq 100 3925.50 -41.75 -1.05%
Oil 27.11 -0.34 -1.24%
Gold 1251.60 +57.00 +4.77%
U.S. 10yr 1.58 +0.13