Dow Ends Down Over 200 Points, As Bloody Selloff Goes Two Days In A Row

This was ugly.

A combination of mediocre earnings, jitters out of China and, possibly, Obama’s new populist streak, absolutely hammered stocks for the second day in a row.

The dow ended down about 217, the second big triple-digit loss in a row.

Big financial stocks got brutalized.

This chart, via FT Alphaville, showing the divergence of large banks and regionals tells the whole story

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See Also:

• Dow Now Off Over 200
• Selloff Intensifies, Dow Down Triple Digits For A Second Day