Major stock indexes on Wall Street continued their downward spiral as traders appear to be influenced by strong economic indicators, such as the latest housing data for May and the surge in consumer confidence recorded this month.
Dow Jones Industrial Average dropped 1.07% or 370 points at 10:36 pm ET, while the Nasdaq 100 plunged 0.77% or 120 points and the S&P 500 lost 0.85%. Meanwhile, the euro traded 0.16% lower against the dollar to sell for 1.09034 at 10:38 pm ET.
