The Dow and Nasdaq hit fresh session lows and are currently trading
near those levels. Consumer staples is the best performing sector with
a decline of 4.6%. Materials is the worst performing sector with a
decline of 7.1%.
Airline stocks are down 14% as economic concerns outweigh the benefits
of cheaper oil (-4.8% at $89.35). The Amex Airline Index is down 49%
this year.