A tough week in US stock markets is getting tougher by the minutes. The S&P 500 is at the lows of the day, down 1.1% to 6646. That’s the loweset since Oct 17 as the late-October low is cracked and more stops are hit.

The index is down 2.8% on the week compared to the Nasdaq down 4.6%.

The real pain is in some of the high flyers with some Mag7 names down hard, including Meta, which is now down 24% from its record high.