Stocks continued the selloff from the end of last week, with the DOW dropping the most, down about 2%. In economic news, last week’s jobless claims came in at 845,000 vs an expected 860,000.
Dow Jones -510 at 27,148
S&P 500 -38 at 3,280
NASDAQ -14 at 10,779
The 10 Year Treasury closed down 2 basis points yielding 0.67%
Oil prices closed down $1.61 ending at $39.50 a barrel
Gold prices closed down $46 ending at $1,907 an ounce
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