From Josh Selway
: U.S. stocks are getting hammered once again, as fear continues to grip Wall Street. The Dow Jones Industrial Average (DJI)
and its index peers are all falling fast, last seen near session lows, putting the Dow and S&P 500 Index (SPX)
in territory not seen since early May. The financial sector is leading the downturn, while energy shares are also getting whacked, As such, the Cboe Volatility Index (VIX)
is surging, flirting with its highest close since late October.