NOTE: Please click on the charts below to enlarge them if they do not appear clearly.The stock market’s attempted bounce that began on March 4 turned out to be rather short-lived, as the major indices sliced below their recent lows. Unlike the previous session, yesterday was a steadily trending day. Stocks gapped lower on the open, then built on their opening losses throughout the rest of the day. The Dow Jones Industrial Average plunged 1.8%, the S&P 500 2.2%, and the Nasdaq Composite 2.3%. Small-caps suffered the most, evidenced by the 3.1% loss in the Russell 200[...]
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[Source: The Money Blogs]
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