S&P closes lower for the second consecutive day

The S&P index is closing lower for the second consecutive day. That comes after nine straight days of gains. The NASDAQ and Dow industrial average also fell.

A snapshot of the closing levels shows:

• Dow industrial average -390.83 or -0.95% at 40829.00.
• S&P index -43.52 points or -0.77% at 5606.86
• NASDAQ index -154.58 points or -0.87% at 17689.66.

The small-cap Russell 2000 fell -21.07 points or -1.05% at 1983.18.

This article was written by Greg Michalowski at www.forexlive.com.