Wall Street’s main indexes fail to stage a meaningful rebound. Energy and financial shares continue to suffer substantial losses. Major equity indexes started the day deep in the negative territory and trading was halted for 15 minutes as the S&P 500 registered a 7% drop right after the opening bell. Although Wall Street’s three main indexes were able to retrace a small portion of the early losses, they came under renewed bearish pressure and fell below their opening lows. Financials and energy shares weigh on DJIA As of writing, the Dow Jones Industrial Average (DJIA) was down 2,063 points, or 8%, on the day while the Nasdaq Composite and the S&P 500 were erasing 6.4% and 7.6%. Among the 30 companies listed in the DJIA, Chevron Corp’s shares are down 15% as the worst-performer amid a 25% drop in the price of West Texas Intermediate (WTI) and the Exxon Mobil Corp stocks are losing 11%. Moreover, JP Morgan Chase & Co, American Express Co and Goldman Sachs Group Inc are all down more than 10% dragged by plummeting US Treasury bond yields. At the moment, the 10-year reference is erasing 32% at 0.523%. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD Price Analysis: Euro pressuring 2020 highs and nearing 1.1500 figure FX Street 3 years Wall Street's main indexes fail to stage a meaningful rebound. Energy and financial shares continue to suffer substantial losses. Major equity indexes started the day deep in the negative territory and trading was halted for 15 minutes as the S&P 500 registered a 7% drop right after the opening bell. Although Wall Street's three main indexes were able to retrace a small portion of the early losses, they came under renewed bearish pressure and fell below their opening lows. Financials and energy shares weigh on DJIA As of writing, the Dow Jones Industrial Average (DJIA) was down 2,063 points, or… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.