NOTE: Please click on the charts below to enlarge them if they do not appear clearly.What a wild end to a volatile week! Last Friday, news of a major liquidity problem at brokerage giant Bear Stearns caused the S&P 500 to reverse from a pre-market gap up of more than 1% to a swift loss of 2% within the first thirty minutes of trading. Stocks chopped around after the opening slide, then built on their losses in the afternoon. By day’s end, the Nasdaq Composite had plunged 2.3%, the S&P 500 2.1%, and the Dow Jones Industrial Average 1.6%. The small-cap Russell 200[...]
Read More...
[Source: The Money Blogs]
No comments:
Post a Comment