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.

Dow

Photo: Yahoo Finance

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