Rally Screeches To A Halt Over Housing Data, Dow Closes Down 42 Points

Down, but hardly.

Dow: Down 52 points to 10,836.

NASDAQ: Down 16 points to 2398.

S&P 500: Down 6 points to 1167.

Commodities: Tanked. Oil is down 1.6% to $80.55 a barrel.

Gold is down $17.70 or 1.6% to $1086 an ounce. Silver performed even worse, losing 2.5% to drop to $16.61 an ounce.

Futures continue to bleed, with lumber and sugar being a few of the commodities in the green.

GF FINAL March 24th

Photo: Google 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 research.businessinsider.com.au.