Around 10:30, the Dow was up over 100 points. Things were looking positive.
Then the sell off began. Now the Dow up only 30 points and falling incredibly fast.
The NASDAQ has already erased early gains, down 5 points at 2,175. The S&P 500 is hanging around break-even.
Gold isn’t having a good day either as it continues its free fall below $1100/oz. It’s trading at $1078/oz currently, down $6.20. Oil is up, however, trading around $74 a barrel, up half a percentage point.
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