Wall St. dips as crude heads for third weekly loss
Volatility was slightly higher than usual on account of "quadruple witching," the expiry of options on stocks and indexes as well as futures on indexes and single stocks. There's no new news that's any kind of substance that's driving this," said Jeff Powell, managing partner of Polaris Wealth Advisors in California. At 11:02 a.m. ET (1602 GMT), the Dow Jones industrial average was down 201.6 points, or 1.15 percent, at 17,294.24, the S&P 500 was down 17.99 points, or 0.88 percent, at 2,023.9 and the Nasdaq Composite index was down 30.87 points, or 0.62 percent, at 4,971.68.
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