Midday Market Check - Widespread Selling as the Dow Jones Industrial Average Drops 200 Points

Tags: DJIA
26 Aug 1:52am
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We head deeper into the second half of the session with the Dow Jones Industrial Average (DJIA) showing a 200-point loss. However, it is the Russell 2000 (RUT) that is showing the larger percent loss as it drops more than 2%.

A look to the sector action shows that the selling pressure is fairly widespread. The iShares Treasury Bond (TLT) is the lone gainer while the vast majority of my list loses between 1% and 2%.

Also, I am not sure how significant it is, but thought I should note that we aren't seeing the same "commodity-corner-line-in-the-sand" theme that has been in place recently.


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