S&P erases gains for year as stocks plunge 2% on Fed, growth concerns

S&P erases gains for year as stocks plunge 2% on Fed, growth concerns

Image: mikrometoxos.gr

U.S. stocks closed near session lows on Thursday, off more than 2 percent, as investors weighed continued uncertainty about the timing of a rate hike and concerns about global growth headed by slowing in China.

The S&P 500 and Dow Jones industrial average both had their worst day since Feb. 3, 2014. ( Tweet This )

“I think the markets are overly pessimistic,” said Anthony Valeri, investment strategist at LPL Financial. “I think this ……. read more here.

cnbc.com

 

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