Photo: Google Finance
Markets are selling off early in the trading session.The Dow is down 101 points.
The S&P is down 11 points.
The Nasdaq is down 36 points.
Among the biggest losers today are the financial. Wells Fargo and JP Morgan are both off by around 2 per cent, despite announcing better than expected earnings.
Europe is doing much worse.
Spain’s IBEX is off 4 per cent.
Italy’s FTSE/MIB is off 3.5 per cent.