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04May2016 Market Close: Markets Closed Down For Second Session, Lukwarm Job’s Data, Weak Company Reporting Keeps Investors Away And Persistent Bearish Data Sugests Another Down Day Tomorrow
Wednesday, May 4, 2016 13:49
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Written by Gary
Markets closed down with the DOW down 100 points, Spooze down 0.6% and crude settling in the high 43′s. Weighed down by tepid data on private sector U.S. jobs, weaker-than-expected results from companies including Priceline, the major averages took it on the chin for the second day. Short-term indicators are modestly bearish.
Source: http://econintersect.com/pages/market/market.php?post=201605041520
