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Stock selloff intensifies as fear begins to grip Wall Street

Stocks (^DJI, ^GSPC, ^IXIC) are selling off at the midday mark, with the financial (XLF) sector leading the way down and the utilities (XLU) sector still the least in the red. Alan Valdes, director of floor operations at Silverbear, joins us live from the New York Stock Exchange. To discuss the other big stories of the day, Alexis Christoforous is joined by Yahoo Finance’s Nicole Sinclair, Myles Udland and Dan Roberts, as well as Mark Martiak, Senior Wealth Strategist at Premier Wealth First Allied Securities.