SJJRSJJS
Verified User
The Dow Jones dropped over 300 points today after a terrible Stock market drop in January..............
.........."The financial turbulence that began in emerging markets and engulfed Wall Street intensified Monday, leaving U.S. stock investors bracing for the possibility of the first 10% market drop since 2011.
The New Year stock slide worsened with the Dow Jones industrial average plunging 326 points, or 2.1%, to 15,373. It was the Dow's worst point drop in more than seven months and extended its 2014 slide to 7.3%.
"There's this jittery feel about the market," says Thorne Perkin, president of Papamarkou Wellner Asset Management. "To say it is overdue for a (10% correction) may be the understatement of the year."
Monday's drop, following a weak January reading on U.S. manufacturing, came just as investors question whether the expected rebound in economic growth this year would materialize".............
http://www.usatoday.com/story/money/markets/2014/02/03/stock-selloff-intensifies/5187679/
.........."The financial turbulence that began in emerging markets and engulfed Wall Street intensified Monday, leaving U.S. stock investors bracing for the possibility of the first 10% market drop since 2011.
The New Year stock slide worsened with the Dow Jones industrial average plunging 326 points, or 2.1%, to 15,373. It was the Dow's worst point drop in more than seven months and extended its 2014 slide to 7.3%.
"There's this jittery feel about the market," says Thorne Perkin, president of Papamarkou Wellner Asset Management. "To say it is overdue for a (10% correction) may be the understatement of the year."
Monday's drop, following a weak January reading on U.S. manufacturing, came just as investors question whether the expected rebound in economic growth this year would materialize".............
http://www.usatoday.com/story/money/markets/2014/02/03/stock-selloff-intensifies/5187679/
