No way this finishes DOW -100 today. The news is irrelevant once again to this market. Look at the last week and a half. You and I probably agree the DOW should be at least at 8000 right now, but the market does not care about news. New homes were at 300K, how much worse can it get?
Market is being propped up, and until they get their finger off the button, news does not matter.