The S&P 500, the world’s most widely traded stock index, is trading at its lowest level since the Brexit vote.
The index has lost nearly 20% of its value since November, while the Dow Jones Industrial Average (DJIA) has climbed 6.8% since last month.
The Dow is down about 10% this year and its gain in 2017 was driven by the Dow and the Nasdaq.
The S&P 500 is the world-wide benchmark for equities.
The Nasdaq is the benchmark for the broader market.
The UK voted to leave the European Union last month, triggering an economic slowdown that has sent the economy into a tailspin.
The British government said the country’s withdrawal would help the UK recover from the shock of the Brexit result.