NEW YORK (AP) — Wall Street had its worst day in more than four months
Monday as the dollar weakened and concerns about the strength of the
retail industry arose following a rare sales decline at Wal-Mart Stores
Inc. The Dow Jones industrials fell 158 points.
The largest and most widely held ETFs lost:
NASDAQ 100 Trust Shares (QQQQ) -2.22%
SPDRs (SPY) -1.38%
iShares Russell 2000 Index (IWM) -2.24%
Is this really a scare or just an opportunity for the stock market to take a breather from its recent ascent?
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.