[BRIEFING.COM] The S&P 500 (-0.8%), Nasdaq Composite (-1.4%), and DJIA (-0.8%) continue to tick lower, with today's retreat pushing the S&P 500 and Nasdaq Composite into negative territory for the month.
The information technology sector (-1.4%) paces the losses, with weakness in chipmaker names sending the PHLX Semiconductor Index 3.4% lower.
Apple (AAPL 256.81, -5.96, -2.27%) also retreats after reports of weak demand for the new iPhone Air.
Elsewhere, the industrials (-1.3%), consumer discretionary (-1.2%), and communication services (-1.1%) hold similar losses.