Stocks stuck in jumpy cycle

9th February, 2016 by

By scott miller

A new month began last week, but stocks remained stuck in the same cycle that defined January with high volatility and more down days than good ones. The concerns remained mostly unchanged — the fluctuating price of oil and fear of an economic slowdown abroad. Investors were nervous enough that on Friday indexes tumbled off the news of a jobs report that was largely positive and an earnings slowdown from a single tech company, LinkedIn, with the Dow Jones Industrial Average falling 1.29 percent, the S&P 500 1.85 percent and the Nasdaq 3.25 percent. Meanwhile, the yield on the 10-year Treasury, …

Source:: Vail Daily Feed



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