Posted on 09/04/20
| News Source: FOX Business
The Dow Jones Industrial Average, which fell over 600 points intraday, lost 159 points, or 0.56%. Investors rotated out of stocks including Home Depot while buying JPMorgan and Bank of America.
Financials also led the gains in the S&P 500 despite the broader index closing lower by 0.81%.
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The Nasdaq Composite, meanwhile. dropped 1.27%, as both Apple and Tesla, booked gains.
Tesla shares, which briefly slid into bear-market territory, down at least 20% from their Aug. 31 peak, added 2.78%. Read more at FOX Business