Dow falls 411 points, energy is biggest loser amid M&A dealsjuli

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Nasdaq Composite,Julie Hyman,Market Indices

The Dow Jones Industrial Average (^DJI) fell a whopping 411 points in a challenging day for the market indices. The Nasdaq Composite (^IXIC) fell 99 points, ...

^IXICWe've got the Dow down 1% on the day when all is done just over 400 points falling there, the S and P 500 finishing also around the lowest, the session off about three quarters of 1% and the NASDAQ off a little more than a half of 1% now.We see them bumping up once again, 4.62% so more substantially above the 4.5% level that we've been watching.

Yes, it's been really fascinated to watch the divergence between the Dow and the NASDAQ, and today, even though everything is in the red.You can see lots and lots of red here, a little bit of dark red, but not seeing any disasters.When we take a look at the sectors everything in the red, all 11 sectors in the red but the least bad off is communication services and also tech.And that usually does not happen when you have rates rising as they are.

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