US stock markets battered but show some signs of life into the close

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It was a wild week in stock markets as a huge post-FOMC jump turned into a crash lower. The Nasdaq is now down 10% from the highs, matching the mark for a technical correction.

On the day:

  • S&P 500 -1.8%
  • Nasdaq -2.4%
  • DJIA -1.5%
  • Russell 2000 -3.6%

On the week:

  • S&P 500 -2.1%
  • Nasdaq -3.3%
  • DJIA -2.1%
  • Russell 2000 -6.7%

If there is a silver lining, it’s that there was some moderate late-day buying and stocks finished off the lows.

This article was written by Adam Button at www.forexlive.com.



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