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.