It's Been An Ugly 8 Days For The Stock Market
Markets around the world are selling off today. And U.S. futures are pointing to a day deep in the red.
Dow futures are down 136 points.
S&P 500 futures are down 15 points.
Nasdaq futures are down 26 points.
Stocks have been in the red in six of the last seven trading sessions. And this comes after the Dow and S&P 500 closed at all-time highs on September 18, which was when the Federal Reserve shocked the world by announcing no tapering to its stimulative bond-buying program.
Since then, investors and traders have been focus on Washington, where Congress has yet to work out a budget deal that would prevent the October shut down of the U.S. government.
The S&P 500 is down by 2.0% since its all-time high of 1,725.
Here's a look at the trajectory of S&P 500 futures contracts since September 18 via FinViz:
