Nasdaq drops 1.3% in whipsaw session as oil prices rise and yields swing

Markets were unsettled on October 8 as oil prices climbed and stocks swung through sharp reversals. The Nasdaq Composite fell 1.3% to 27,193.34, while the S&P 500 gave up 0.5% to 7,765.36. The Dow was little changed, so the selling was concentrated in technology and growth names.

• Nasdaq Composite down 345.35 points (-1.3%) to 27,193.34
• S&P 500 down 36.41 points (-0.5%) to 7,765.36
• Dow Jones up 51.77 points (+0.1%) to 51,231.64
• Russell 2000 up 0.92 points to 2,794.13