The Dow Jones Industrial Average dropped 277 points (2.2%) to close at 12,501, the S&P 500 Index lost 35 points (2.5%) to 1,1381, and the Nasdaq Composite declined 61 points (2.5%) to 2,418. Crude oil finished down $2.30 to $91.90 per barrel, wholesale gasoline closed $0.06 lower at $2.31 per gallon, and gold ended $12.40 lower at $891.00 per ounce.
Magnificent Seven Update