US stocks close sharply lower as bad news is bad news today

The major US stock indices are closing sharply lower with the small-cap Russell 2000 and the NASDAQ index leading the way a lower.

The final numbers are showing:

• Dow Industrial Average average felt -496.00 points or -1.21% at 40346.78
• S&P index fell -75.69 points or -1.37% at 5446.60
• NASDAQ index fell -405.25 points or -2.30% at 17194.15

The RUSSELL 2000 tumbled

After the close Apple, and Amazon are the big names reporting:

• Apple closed down close down $-3.72 or 1.68% at $218.36
• Amazon closed down – $2.91 or -1.56% at $184.07.
• Intel fell $-1.69 or -5.50% at $29.05

This article was written by Greg Michalowski at www.forexlive.com.