Awful day in Wall Street

FXStreet (San Francisco) - US stocks performed its worst day since July 31 as investors are digesting bad Russia proposal of law to seize foreign assets. In addition, Apple fell hard as the new iPhone 6 seems to have a lot of glitches.

Overall, investors traded in bad mood with the DJIA collapsing 264.26 points or 1.54% to finish at 16,945.80. The S&P 500 declined 32.31 pts or 1.62% to close at 1,965.99; while the Nadaq Composite lost 88.47 points or 1.94% to 4,466.75.