Stock Market Today - 08/20/15
Stocks crumbled as uncertainty regarding China, European growth and a Federal Reserve policy shift is weakening investor confidence. The Nasdaq fell 2.8%, while the S&P 500 slid 2.1%. Facebook dropped 5%, closing the session at its 50-day line. Disney plunged 6%, slicing through its 200-day line for the first time since October. Eli Lilly and Hormel bucked the sell-off, gaining 4% each. After the close, Salesforce.com and Ross Stores reported earnings. Foot Locker issues results tomorrow morning.
