Markets continue this week’s losses, Nasdaq leaders remain in the red

Yahoo Finance reporter Ines Ferre looks at how markets settled at the close on Tuesday.

Video transcript

DAVE BRIGGS: We're just a couple of minutes away from the closing bell. And once again, like we started the week, a lot of red on that board. Yahoo Finance's Ines Ferre here to break down the market action. Hi, Ines.

INES FERRE: Yeah, hi, Dave. The Dow right now down 360 points. You've got the NASDAQ that's down about 2% and the S&P 500 down 1 and 1/2%. Taking a look at the sectors, we are seeing consumer discretionary that's been leading to-- excuse me-- communications services and energy and technology stocks, consumer discretionary also in the red there. You've only got utilities right now that's slightly in green territory.

Over on the Dow, Disney and Boeing the biggest laggards, followed by also Apple and Microsoft down 2%. And over on the NASDAQ 100, take a look at Amazon, down 3%. This is on top of the losses from yesterday for Amazon. So I'm going to pull up a two-day chart. You can see quite a bit of red over the last two days.

We have been talking today a lot about the semiconductors, the chip space. Well, Nvidia down 3%, AMD down 4% as well. And then just taking a look at the travel space, we are watching some red here on the travel space as well. I also want to point out what's happening with the crypto space because we have been seeing Bitcoin up about 2/10 of a percent.