S&P 500 closes down 1.8%, worst drop in 8 months
It’s not a good sign when the market goes out at the low
The US stock market saw its worst decline in months, with the S&P closing at its daily low, down 1.8%. The Nasdaq was down 2.6%, after reaching a record high on Tuesday. The Dow joined the S&P, also falling 1.8%, in what was both indices largest drop since September.