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Dow Jones approaches 33k

The sell-off in the US stock markets this afternoon following the higher than expected JOLTS data has shown little sign of easing up yet. In fact, it is still ongoing. Now that is not to say we will not get a decent bounce, but right now it is a question of how low will it go first. The Nasdaq 100 has just dipped below 14,600 and the Dow Jones is fast approaching the 33k mark. The index is now lower by more than 375 points on the day. The low seen so far has just been set at 33,041. It is a little above that now, but not to any major degree. The index is currently trading at 33,062

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