Skip to main content
Publish date:

Morning Market Stir: Selling Pervades as Equities Continue Heading Lower

Markets sell off to start October

Thursday, October 2 – Alan Knuckman reports from the floor of the CME Group in Chicago, where equity futures again sold off on Wednesday. The S&P lost over 1% finishing at 1,941, the Dow closed at 16,937, and the Nasdaq was the biggest loser falling to 3,983. The dollar closed higher at 86.08, and the Euro ended at 1.2614. Bonds surged in a flight to quality finishing at 139'30. Crude tried to bounce but reversed again and fell to 90.75. Gold rose to 1,215. Earlier this morning equities were higher, with the dollar backing off, the euro bouncing, and bonds coming in. Crude broke the 90 level and gold is attempting to stabilize.

TheStreet Recommends