Stocks end near lows: Nasdaq wipes out 2.5%, Dow dives 150: ""This is a spillover effect from the Nasdaq's momentum names into the broader market," said Art Hogan, chief market strategist at Wunderlich Securities. "We've seen momentum names weak over the week and that seems to have picked up steam today – 1,875 on the S&P 500 is going to be a critical level. If we close below that, people are going to see it as a resistance level." "
'via Blog this'
No comments:
Post a Comment