Stocks hammered. Oil down. Yields lower. US dollar mixed
The US stock market is hammered at 1 PM with the S&P trading below 1900 for the first time since August 26th. It is currently down 2.10% at 1890.90. The low in the August swoon reached 1867. The low today 1889.06. The Nasdaq is down -2.6% at 4564 (low reached 4560.21). The Dow is down -252 points or 1.55% to 16047 (the low extended to 16038).