Quick heads up: The market is open and it’s not pretty.
The Dow is off 151.
The S&P and the NASDAQ are both off about 1.2%.
This comes amid some serious weakness in Europe (Italy off 2.4%). Emerging markets are getting hammered.
Japan fell 1.5% after no more action from the Bank of Japan.
In general, ugly day on pretty much every front.
For a good background on the factors driving the market lower, see Mohamed El-Erian on the sucking sounds that are getting louder and louder.
Business Insider Emails & Alerts
Site highlights each day to your inbox.