Stocks have fallen into the red,
reversing early gains and extending the prior session's massive
downturn. The losses experienced by the S&P 500 during the prior
session were the worst since the crash of 1987.
Stocks in the S&P 500 are now down 0.4% week-to-date. Recall, though, that the S&P 500 surged 11.6% this past Monday.
Weakness in the current session is
largely owed to the financial sector (-4.1%). However, it is still up
1.7% week-to-date, thanks to heavy gains earlier in the week.