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The S&P 500 is falling over 1 percent Wednesday morning. ADP employment number this morning showed a decline in the number of new jobs added, registering 205,000 vs. prior of 257,000.
The selloff today is clearly a stand out when compared with the opening performance over the past 3 years. Eric Hunsader of Nanex shared a chart showing today's fall (in black) compared with the performance of opening trades and S&P 500 emini futures over the past 3 years. The X-Axis is from 9:30am to 11:00am EDT.
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