U.S. stocks extended a three-day losing streak on Thursday, as the broader market averages fell 2.1% to 2.8% across the board. The decline also marked the single-worst session in 2015 for both the Dow Jones Industrial Average and the S&P 500 indices.
Consumer discretionary and technology names led the way lower on the session. American Eagle (AEO) was one of the big losers of the session, falling 10%, on a slower-growth outlook.
Elsewhere, the yield on the benchmark 10-year U.S. Treasury note fell 5.4 basis points, to 2.071%. The U.S. dollar index (DXY) fell 0.6% on Thursday, while the spot price of gold gained for the fourth straight session. The CBOE S&P 500 Volatility Index (VIX) also moved more than 25% higher, to 19.14.
In after-hours action, Ross Stores (ROST) was down 10% after being cautious on its guidance for the second half of the year. Intuit (INTU) was nearly 4% lower after cutting guidance. On the other hand, Salesforce.com (CRM) was up more than 3% after posting better-than-expected quarterly results.
Looking ahead to Friday morning, Deere (DE) and Foot Locker (FL) headline the earnings calendar.