Posted On: 04/07/2014 7:24:55 PM
Post# of 102855
Nasdaq sees worst 3-day loss since 2011
NEW YORK (MarketWatch) – The U.S. stock market fell sharply on Monday as heavy selling in high-growth stocks, which began on Friday, continued to spill over the broader market. The Nasdaq Composite fell 47.97 points, or 1.2%, to 4,079.75, falling below its 100-day moving average. The tech-heavy index lost 4.7% over the past three sessions, the steepest three-day loss since November 2011. S&P 500 (SNC:SPX) ended the day 20.05 points, or 1.1%, lower at 1,845.04, falling below a key technical level of 1,850 and erasing year-to-date gains. The Dow Jones Industrial Average (DJI
JIA) dropped 166.84 points, or 1.3%, to 16,245.87.
NEW YORK (MarketWatch) – The U.S. stock market fell sharply on Monday as heavy selling in high-growth stocks, which began on Friday, continued to spill over the broader market. The Nasdaq Composite fell 47.97 points, or 1.2%, to 4,079.75, falling below its 100-day moving average. The tech-heavy index lost 4.7% over the past three sessions, the steepest three-day loss since November 2011. S&P 500 (SNC:SPX) ended the day 20.05 points, or 1.1%, lower at 1,845.04, falling below a key technical level of 1,850 and erasing year-to-date gains. The Dow Jones Industrial Average (DJI
JIA) dropped 166.84 points, or 1.3%, to 16,245.87.
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