[BRIEFING.COM] Losses are accelerating ahead of the close. The S&P 500 is 3.2% lower than yesterday's close.
Market breadth was mixed earlier with advancers leading decliners at the NYSE and decliners leading at the Nasdaq. Now, decliners have a roughly 5-to-2 lead over advancers at both the NYSE and at the Nasdaq.
Downside action became its own catalyst as the session progressed, drawing in additional selling.