It was a bloodbath on Wall Street
Stocks got eviscerated today, with the Dow down nearly 1,600 points at one point. And while the blue-chip index closed off its session lows, it still logged its biggest one-day point loss ever. The second straight session of heavy selling again centered on fears of rising interest rates, while weakness from the energy sector only added to the risk-off backdrop. In fact, the Dow and S&P 500 both turned negative on the year, with all but two SPX stocks closing in the red today. The VIX, meanwhile, had its biggest one-day surge ever, exploding to its highest close since August 2015.
Continue reading for more on today's market, including:
In this historic session, the Dow Jones Industrial Average (DJI - 24,345.75) closed down 1,175 points, or 4.6%, with all 30 Dow components closing in the red. In fact, Apple's (AAPL) 2.5% pullback was the smallest of the group. Exxon Mobil (XOM) and Boeing (BA) fared the worst, each losing 5.7%.
The S&P 500 Index (SPX - 2,648.94) fell 113 points, or 4.1%, and the Nasdaq Composite (IXIC - 6,967.53) dropped 273.4 points, or 3.8%.
The CBOE Volatility Index (VIX - 37.32) jumped 20 points, or 115.6%.


5 Items on Our Radar Today
- President Donald Trump today rejected a bipartisan Senate immigration bill introduced by Arizona Republican John McCain and Delaware Democrat Chris Coons, calling it a "total waste of time." In a tweet this morning, the president implied the bill did not include strong enough funding for border security. (CNBC)
- As its stock trades near record highs, Amazon's advertisements are making noise, too. The company's ad for its voice-activated assistant Alexa earned the top spot in the USA Today's Ad Meter, a ranking of Super Bowl commercials. (USA Today)
- Options traders have been bullish on Disney heading into earnings.
- 3 athleisure stocks to buy and sell.
- The high-profile bank stock flashing "buy."


Data courtesy of Trade-Alert
Oil Breaks Two-Session Losing Streak
Oil prices also fell today, notching their lowest close in two weeks. March-dated crude was down $1.30, or 2%, at the close to settle at $64.15 per barrel.
Gold closed lower, too, as the dollar strengthened. April gold was down 80 cents at $1,336.50 per ounce by the close.