S&P 500 sees largest drop in a month

Equity indexes were hammered yesterday after weak economic data from the United States and China pointed to a slowing global economy.

The S&P 500 lost 30.18 points, or 2.23 percent, to close at 1325.51. It was the index's largest drop in nearly a month.

The Nasdaq 100 declined by 66.37 points, or 2.53 percent, to close below the 2600 level at 2556.96.

The Russell 2000 lost 19.22 points, or 2.45 percent, to close below Wednesday's support level of 780 at 764.83.

S&P 500
Resistance is now 1329.52, followed by 1332.59, 1341.28, 1345.15, and 1350.
Support is now 1324, followed by 1320, 1318.15, 1315.40, and 1310.12.
Nasdaq 100
Resistance is now 2560, followed by 2566, 2672.32, 2580, and 2591.48.
Support is now 2554.65 (yesterday's low), followed by 2550, 2545.50, and 2533.
Russell 2000
Resistance is now 767.50, followed by 770, 772.5, 775, and 777.50.
Support is now 74631 (yesterday's low), followed by 762.50, 760, and 758.

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