session the Dow was down .89%, the S&P 500 was down .74% and the Nasdaq was down .26%.
European stocks were sharply lower yesterday when the US market was closed. This sent US equities sharply lower early in the session. Bank stocks were sharply lower with The Bank of America (BAC) losing 3.6%, JP Morgan Chase (NYSE:JPM) down 3.4% and Citigroup (NYSE:C) down almost 2-1/2%.
Among other losers, Campbell Soup (NYSE:CPB). Those shares traded lower after Credit Suisse (NYSE:CS) lowered it's price target to $33 on declining market
share.
And Netflix (NASDAQ:NFLX) shares plunged after it's proposed deal with Starz Entertainment fell apart.
Tomorrow investors will be looking for the release of the MBA Mortgage Index and earnings from Astrotech.
For Marketnewsvideo.com, I'm Kristin Bianco.
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