S&P 500 completely erases yesterday’s gains

Read full post at forexlive.com

April is generally the best month of the year for equities but that hasn’t been the case at all this year.

The S&P 500 is tracing out a new low for the day, down 104 points or 2.4%. The drop completely erases yesterday’s big rally. It’s now just 20 points from Wednesday’s intraday low.