Markets Going Down, Dow Now Off 120

Major U.S. indices remain lower in afternoon trade, with the Dow off 125 points, or roughly 1 per cent.

The tech heavy Nasdaq is 0.8 per cent lower, or 24 points, to 3,050.

The S&P 500 is also down 0.8 per cent, or 12 points, to 1,402.


Photo: Yahoo Finance

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at