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US stocks slide on the opening-check out the Dow Jones falling below 38,500
The US stock markets have recently just reopened for live trading and it has been a pretty dramatic start to the day. The Dow Jones has slumped to below 38.500 after closing last night at 38,852. The fall in the Dow comes after Europe fell further following the last update here on the DAX. The Nasdaq 100 is holding up pretty well, but remains in the red too. The Low on the Dow Jones so fr has been set at around 38,425 and it remains to be seen if that is sufficient to see some bottom pickers step into the markets on this occasion. We shall see.
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