New York Stock Market Fell 6

As investors worried that the financial situation in Europe could affect US financial institutions and global economic recovery, New York stock market closed down 6 days, financial stocks, energy stocks and technology stocks.

Affected by the European financial situation, New York stock market opened up on the 6 day, that is, a large number of sell-off, the three major indexes fell more than 2%.

Among them, the banking sector led the market, Citigroup's decline was once 6%, the US Bank fell more than 5%.

In terms of economic data, the US Supply Management Association released data showing that the US service index rose to 53.3 in August from 52.7 in July, indicating that the service sector has improved.

Affected by favorable economic data, investors worry about sentiment in the afternoon.

The VIX index, which measures the volatility and panic level of the stock market, surged 9.08% to 37, indicating that investors are more scared.

At the close of the New York stock market, the Dow Jones Industrial Average Index of 30 industries fell 100.96 points to 11139.30 points, or 0.90%, compared with the previous trading day.

The standard & Poor's 500 stock index fell 8.73 points to 1165.24 points, or 0.74%.

The Nasdaq composite index fell 6.50 points to 2473.83 points.