[BRIEFING.COM] The market has traded in a tight range at the index level. The Nasdaq Composite shows a 1.8% decline.
Small and mid cap stocks are also participating in today's broad declines. The Russell 2000 is 1.0% lower and the S&P Mid Cap 400 is 0.9% lower.
Separately, the CBOE Volatility Index (VIX) is 1.58 higher today, or 7.7%, to 22.08 as participants prepare for further downside risk.