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After a pause at the flat line, both the S&P 500 and the Dow have dipped into negative territory. The pair has managed to limit losses, however.
Tech stocks continue to lead the move lower. The sector has slumped to a loss of 1.1%, which makes it today's worst performing group.
Consumer discretionary stocks and industrials make up the only other sectors that have fallen to losses. They are down 0.6% and 0.4%. Consumer discretionary stocks have been hurt by apparel retailers following a negative reaction to the latest quarterly report from Abercrombie & Fitch (ANF 65.57, -5.45). Deere & Co. (DE 74.40, -0.76) has been a primary drag on the industrial space, despite the company's upside earnings surprise and improved earnings outlook.
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