Financials and Retail Taking market lower

Financials continue to be under downward pressure and today the retail sector is taking a hit after the news from WalMart.

Not looking like a good day (again). But as they say on Wall street these days. "Wait an hour, it might change again"

But so far the drive has been downward. Important to keep an eye on the S&P 500 1440 level. That is an important support line.