All three major stock indexes closed sharply lower and the Nasdaq fell into correction territory -- defined as a 10% drop from its most recent peak. The index closed down 4.1% for the day. The, the broadest measure of the US stock market, closed down 2.8%, and theended down 2.3%, or 632 points. CNN's Fear & Greed index is still signaling Greed as it inches closer to neutral territory, after a reading of "Extreme Greed" just a week ago. Tesla TSLA General Motors GM Nikola NKLA , another popular Nasdaq stock, also got clobbered Tuesday, closing down more than 21%.

Source: CNN September 08, 2020 13:33 UTC