The SkyNet SellBots took total control in overnight futures trading, sending US stocks sharply lower at the open of trading on Wall Street. The selling intensified all day, on fears of a second wave of the Covid virus  as well as continued reaction to Fed Head Powell’s bearish assessment of the economy.

Dow plunges 7%, marks worst day since March as Fed’s grim outlook  unsettle bulls

The DJIA mini-crashed 1,862 points (6.9%) and the NASDAQ plunged 528 points (5.3%) to a fresh closing high.

Stay tuned as the battle 0of the SkyNet StockBots continues.