The major indices are being pushed down by folks that have tried to derail the market since the rebound began. The Dow, S&P 500 and Nasdaq are down 5.1%, 4.6% and 3.4%, respectively.

Despite the broad sell-off, there were a few bright spots.  Stocks like Netflix (NFLX), Zoom Video (ZM) and DocuSign (DOCU) are trading higher 0.77%, 2.75%, and 1.17%, respectively.

All sectors are in red this afternoon. 

While Breadth is decidedly negative on the Nasdaq, new highs are clearly in control of the new lows. 

On the economic front, Food prices rose 0.7% in May, driven mostly by a 3.7% increase for meats, poultry, fish and eggs.  While food prices surged, the overall U.S. inflation rate for the past 12-month was 0.1%.

Grocery prices rose by 4.8%, reflecting a scarcity of some goods in high demand, as well as meat and poultry shortages. The so-called food at-home index soared 4.8% in the past 12 months, the highest rate in more than eight years. Food-away-from-home spending rose by 2.9% in the past year.