US stocks close sharply lower

<p>The major indices are closing sharply lower led by the S&amp;P index and the NASDAQ index. The Dow Industrial Average had his worst day since March. The S&amp;P and NASDAQ indices are down 5 and last 6 trading days.</p><p>The closing levels are showing:</p><ul><li>Dow industrial average fell -388 points or -1.1% at 33618.87</li><li>S&amp;P index fell -63.91 points or -1.47% at 4273.54</li><li>NASDAQ index fell minus 207.72.4 -1.57% at 13063.60</li><li>Russell 2000 fell -22.63 points or -1.27% at 1761.60</li></ul><p>With the end of month approaching, the broader indices are on pace for the worst month in 2023:</p><ul><li>S&amp;P index is down -5.19%. In December 2022 the index fell -5.9%</li><li>NASDAQ index is down -6.92%. In December, the index fell -8.73%</li><li>Russell 2000-7.26%. That is the largest decline since September 2022 when the index fell -9.72%.</li></ul>

This article was written by Greg Michalowski at www.forexlive.com.