NOTE: Please click on the charts below to enlarge them if they do not appear clearly.Well, so much for resilience. Despite acting well by retaining most of their September 30 gains in the preceding session, stocks got slammed again yesterday. After opening lower, the broad market trended steadily lower throughout the entire day, causing most of the major indices to finish at or below their recent lows. With the exception of the Dow, all the main stock market indexes plunged at least 4% yesterday. The Dow Jones Industrial Average fell 3.2%, the S&P 500 4.0%, and the [...]
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[Source: The Money Blogs]
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