Monday, October 6, 2014

US Stocks Close Down

http://online.wsj.com/articles/u-s-stock-futures-higher-riding-fridays-momentum-1412597399?mod=WSJ_hp_LEFTWhatsNewsCollection
The Dow jumped 1.2% Friday after news of a strong job market, but could not sustain the gains at the opening bell on Monday. Traders are more cautious and uneasy about the slowdown overseas. That along with news, such as the HP split, caused investors to book profits and trading slowed.

1 comment:

  1. The stock market will always have its ups and downs similar to the business cycles. The United States stock market performed very well for most of 2014, so it is not surprising that it has slowed down toward the end of the year. Several European countries have had much rougher years as far as the stock market goes than the United States. It is likely that by the end of the year that we will see the stock market in the United States begin to rebound and start trading at a faster rate.

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