Stocks Violently Negative Now

Stocks have moved violently to the downside, after reports came out that J.P. Morgan JPM is being investigated by the SEC for improperly letting a hedge select investments, similar to what happened with Goldman Sachs GS Abacus deal. At last check, the Dow was off 46 points, the S&P 500 was off 4.5 points and the NASDAQ was lower by 13 points. The Dow had been as high as up 130 points, so this is a near 180 intraday point swing.