{"id":730462,"date":"2010-05-20T12:39:00","date_gmt":"2010-05-20T16:39:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/mid-day-wreckage-nasdaq-off-35-oil-below-67-2010-5"},"modified":"2010-05-20T12:39:00","modified_gmt":"2010-05-20T16:39:00","slug":"markets-pulling-back-nasdaq-still-the-big-loser","status":"publish","type":"post","link":"https:\/\/mereja.com\/index\/730462","title":{"rendered":"Markets Pulling Back, NASDAQ Still The Big Loser"},"content":{"rendered":"<p><strong>Update 2:25 PM ET<\/strong>:<\/p>\n<p style=\"padding-left: 30px;\">Dow down 2.1%, or 217 points<\/p>\n<p style=\"padding-left: 30px;\">S&amp;P 500 down 2.3%, or 25 points<\/p>\n<p style=\"padding-left: 30px;\">NASDAQ down 2.7%, or 62 points<\/p>\n<p><strong>Update 2:16 PM ET:<\/strong><\/p>\n<p>Other markets in the Americas are also taking a beating today:<\/p>\n<p style=\"padding-left: 30px;\">Canada&#8217;s TSX down 1.82%<\/p>\n<p style=\"padding-left: 30px;\">Brazil&#8217;s BOVESPA down 2.51%<\/p>\n<p style=\"padding-left: 30px;\">Argentina&#8217;s MERVAL down 3.5%<\/p>\n<p><strong>Update 2:12 PM ET<\/strong>:<\/p>\n<p>Markets have pulled back off of their 2:05 PM dive lower, with all key exchanges cutting losses.<\/p>\n<p><strong>Update 2:05 PM ET:<\/strong><\/p>\n<p>Dow down 2.6%, or 270 points<\/p>\n<p>S&amp;P 500 down 3.2%, or 36 points<\/p>\n<p>NASDAQ down 3.57%, or 81 points<\/p>\n<p><strong>Update 2:03 PM ET:<\/strong><\/p>\n<p>Dow down 2.6%, or 270 points<\/p>\n<p>S&amp;P 500 down 3.0%, or 33 points<\/p>\n<p>NASDAQ down 3.4%, or 79 points<\/p>\n<p><strong>Update 1:40 PM ET:<\/strong><\/p>\n<p>Dow down 2.4%, or 250<\/p>\n<p>S&amp;P 500 down 2.6%, or 30 points<\/p>\n<p>NASDAQ down 3%, or 69 points<\/p>\n<p><strong>Update 1:13 PM ET<\/strong>: The market has come back <em>a bi<\/em>t. The NASDAQ is now only down 3.6%<\/p>\n<p><strong>Update 1:00 PM ET<\/strong>: Everything&#8217;s getting worse now. Dow off over 340. Oil in freefall.<\/p>\n<p><strong>Original post<\/strong>: Let&#8217;s do a quick mid-dray roundup of where things stand.<\/p>\n<p>The big loser is the NASDAQ, down 3.5%. The S&amp;P 500 is hot on its tail down 3.1%. The Dow is off 2.8%. All of these are pretty close to the lows of the day.<\/p>\n<p>Things are ugly in the commodities space, too with oil below $65! Remember, just a few days ago we were looking at oil around $90.<\/p>\n<p>Gold is off $5.<\/p>\n<p>Volatility is going nuts, with the Vix up 25%.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/static.businessinsider.com\/image\/4bf565a47f8b9ad0335a0300-588-362\/chart.png?resize=588%2C362\" border=\"0\" alt=\"chart\" width=\"588\" height=\"362\" \/><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/mid-day-wreckage-nasdaq-off-35-oil-below-67-2010-5#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/WXeFiCrCjnU\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Update 2:25 PM ET: Dow down 2.1%, or 217 points S&amp;P 500 down 2.3%, or 25 points NASDAQ down 2.7%, or 62 points Update 2:16 PM ET: Other markets in the Americas are also taking a beating today: Canada&#8217;s TSX down 1.82% Brazil&#8217;s BOVESPA down 2.51% Argentina&#8217;s MERVAL down 3.5% Update 2:12 PM ET: Markets [&hellip;]<\/p>\n","protected":false},"author":4023,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4821],"tags":[],"class_list":["post-730462","post","type-post","status-publish","format-standard","hentry","category-news"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-341E","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/730462","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/4023"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=730462"}],"version-history":[{"count":0,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/730462\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=730462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=730462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=730462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}