Stocks Starting To Slide, Selloff Of Goldman Sachs Intensifies

Update: Things are getting worse. Stocks are now notably down. Goldman is off 2%.

Original post: Contrary to the violent activity prior to the bell, the stock market is fairly quiet at the moment. The Dow is off 30. The S&P 500 is off a couple of points. The NASDAQ is up.

A notable loser: Goldman Sachs (GS), which has been going down day after day after day after day. It’s below $142 now, and shockingly getting close to its 52-weeklow.

chart

Photo: Yahoo! Finance

And here’s a longer-term look at the sell off, just to give you a sense of what a roundtrip it has made..

chart

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 research.businessinsider.com.au.