Major Indexes Extend Losses
January 27 2021 - 3:26PM
Dow Jones News
By Amrith Ramkumar
Major indexes are falling even more, pushing the S&P 500
down 2.5% and the Dow industrials down more than 2%.
Concerns about a slower-than-expected pace of vaccine rollouts
around the U.S. and an economic slowdown have been percolating, and
some traders fear that forced selling to cover losses from betting
against popular stocks for day traders could soon pressure the
broader market.
The tech-laden Nasdaq slides more than 2.5% as well ahead of a
host of earnings from internet companies.
This item is part of a Wall Street Journal live coverage event.
The full stream can be found by searching P/WSJL (WSJ Live
Coverage).
(END) Dow Jones Newswires
January 27, 2021 15:11 ET (20:11 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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