Stock market today
The US stock market closed today lower, with a strong selloff. This is the latest US stock market update:
S&P 500: 2,978.76,-137.63(-4.42%)
Dow 30: 25,766.64,-1,190.95(-4.42%)
Russell 2000: 1,497.87,-54.89(-3.54%)
Stock market news
Tomorrow the last day of the month will we see any rebalancing from growth stocks, tech stocks to defensive stocks, value stocks? With the intense selloff today the majority of US stocks closed lower. Are we in a correction or reversal now for the US stock market? Fow now the risk-off sentiment favors stocks to sell, but deep value stocks may present an opportunity for stocks to buy. Overvalued stocks, stocks with elevated prices that were abnormal are the ones to avoid.