Major Indexes Extend Losses
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
The tech-laden Nasdaq slides more than 2.5% as well ahead of a
host of earnings from internet companies.
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(END) Dow Jones Newswires
January 27, 2021 15:11 ET (20:11 GMT)
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