Oil Rigs Drop News Today : Breaking News, Live Updates & Top Stories | Vimarsana

First, lets check in with mandy at the new york Stock Exchange. Hi there, tyler. Hello, everybody. We have a selloff here on the street. The dow is back in correction territory although we are off the very worst levels of the day. The dow is down by about 284 points. Now its down by 235. S p down by 24 and the nasdaq off by 48. I have bob pisani on the floor of the Stock Exchange to explain what is going on. I guess maybe for one day weve got a reprieve where we can stop obsessing what the fed is going to do and we can obsess what the fed said and what it means for things like earnings and revenue. For the moment i think what the fed was saying yesterday is still impacting the stock market. Lets look at the s p 500, were just off the lows for the day. 2 to 1 declining to advancing stocks. Volume is heavy because its a quadruple witching. Let me try to answer mandys question. ....

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