U.S. markets fell sharply Wednesday, with the Dow Jones Industrial Average slumping 238 points and the Nasdaq shedding nearly 1.5% on disappointing economic data and airline stocks plunging over concerns about a global Ebola outbreak.
- Here's Why the Stock Market Is Down Today
- AAPL, GRPN, and ABBV Are Today's Pre-Market Movers
- The Most Important Stories from Today's Market Trading
Dow Jones today, July 8, 2014: This morning, Apple Inc. (Nasdaq: AAPL), Groupon Inc. (Nasdaq: GRPN), and Alcoa Inc. (NYSE: AA) are among the day's more notable premarket movers.
Yesterday, the Dow Jones Industrial Average dropped more than 50 points as investors weren't willing to take risky positions ahead of earnings season. Cyclical and small-cap stocks lagged the hardest this afternoon. The CBOE Volatility index soared more than 11%, the largest hike in nearly three months. The bounce was significant, as the index hit its lowest level since February 2007 last Thursday.
Here's the scorecard from today's market trading:
DOW: 16,722; -0.13%
S&P 500: 1,924; -0.05%
NASDAQ: 4,234; -0.08%