NOTE: Please click on the charts below to enlarge them if they do not appear clearly.Stocks heavily built on the prior day’s losses yesterday, causing the major indices to erase practically all of last week’s gains. A surprisingly negative ISM report sparked a sharp opening gap down, but the bulls made no attempt to take advantage of the initial weakness. Instead, the main stock market indexes trended steadily lower for a second straight day. The S&P 500 suffered a 3.2% decline, the Nasdaq Composite similarly fell 3.1%, and the Dow Jones In[...]
Read More...
[Source: The Money Blogs]
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment