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- Dow -50.48 at 12118.19, Nasdaq -35.68 at 2749.11, S&P -8.15 at 1313.00
Dow -50.48 at 12118.19, Nasdaq -35.68 at 2749.11, S&P -8.15 at 1313.00
Recent selling pressure has stoked volatility, such that the Volatility Index is up 7%. It is still shy of the levels that it reached amid last week's volatile action, though.
Semiconductor stocks have sunk deeper into the red so that the sector is now down 3.0%, but Ciena (CIEN 25.92, -2.89) is the worst performing name among tech issues. The stock's 10% slump follows the company's downside guidance, which has completely overshadowed news of better-than-expected earnings for the latest quarter.
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