[BRIEFING.COM] The S&P 500 trades just above its 50-day moving average (6,010). The index is 1.7% lower this week.
Losses continue to build in just about everything. The equal-weighted S&P 500 trades 1.5% lower and ten of the 11 S&P 500 sectors trade lower. Three sectors are more than 2.0% below prior closing levels, including the technology (-2.3%) and consumer discretionary (-3.0%) sectors.
Decliners have a nearly 3-to-1 lead over advancers at both the NYSE and at the Nasdaq.