This Is What Counts As A Market Sell-Off Now
The Dow is down 38 points, the S&P 500 is roughly unchanged, and the Nasdaq is up 17 points.
The move is being partly attributed to a report from The Wall Street Journal that said Syrian warplanes struck targets in western Iraq.
This is what a market sell-off in the current environment looks like. Wow.
Earlier today, four economic reports were released.
The Case-Shiller home price index showed that home prices in May increased 10.8% over last year, but less than expected.
The Conference Board's Consumer Confidence index came in at 85.2, the index's best reading since January 2008.
The Richmond Fed's Manufacturing report showed a reading of 3, less than the 7 that had been expected and down from 8 the prior months.
New home sales also surged 18.6% to an annualized rate of 504,000 units in May.