Comments from German leaders raised concerns that the Euro rescue efforts may not be moving fast enough. U.S. earnings came in mixed today, unable to prevent the sell-off.
Wall Street stayed relatively calm today as Q3 earnings season starts. Utilities lead decliners despite not falling by much. FOMC minutes from the Fed's last meeting is tomorrow.
JPMorgan Chase led financial stocks lower today after the second-largest bank in the U.S. reported disappointing results in Q3. Late trading surges helped to minimize the market's decline.