Stock Market Update

[BRIEFING.COM] The Russell 2000 is sliding alongside other major indices, showing a 1.7% decline. The Dow Jones Industrial Average trades down 1.0%, the S&P 500 is 1.7% lower, and the Nasdaq Composite sports a 2.4% loss.

Commodity futures are also trading lower, reflecting fears about growth following this morning's soft labor data. WTI crude oil futures are down 2.2% to $67.59/bbl; copper futures are down 1.3% to $4.08/lbs; and natural gas futures are 0.5% lower at $2.24/mmbtu. 

The price action in energy-related commodities has contributed to the loss in the S&P 500 energy sector (-1.0%).