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Under Pressure

US STOCKS

Equity indexes extending session lows, largest intra-day sale since last Wednesday, SPUs back under 4600.0 to appr 4580.5 Low -- last seen December 21. Trading desks note retail sector leading broad-based selling, semiconductors close second.
Traders note Gamestop (GME), a "useful measure of retail investor activity is at bottom of the pack is -13%" while "ARKK looks particularly ugly in light of these moves".

  • DJIA down 461.54 points (-1.27%) at 35771.13
  • S&P E-Mini Future down 74.75 points (-1.6%) at 4593.5
  • Nasdaq down 330.3 points (-2.2%) at 14604.53

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