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US stocks extend downside after the European close-check out the Dow Jones

The European stock markets have now long since closed and as yet there has been no rebound for the US markets. In fact, all the major US indexes are just now setting fresh lows. The Nasdaq 100 is now approaching 15,100 and the Dow Jones has caught up in terms of percentage losses. The Dow Jones has now dropped to below 34,350 and closer to 34,300. This fall has helped to underpin the rebound in the dollar that had commenced before the US stock markets reopened this afternoon. Hence, the EUR/USD is now drifting back towards is earlier session lows as the Dow Jones falls 

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