S&P 500 tumbles below key technical level set in February as stock-market slide accelerates
The S&P 500 index late Monday traded below its lows hit back in early February as a broad-based sell-off in the equity market gathered steam ahead of a key Federal Reserve meeting. The S&P 500 was down 2.539.06, down 2.4%. If the broad-benchmark held current levels it would fall below its nadir in 2018 set on Feb. 8 when it closed at 2,581. All 11 sectors of the index were trading lower, led by declines of at least 3% in real estate and utilities. Market technicians few a decline below... Читать дальше...