Sunday, 17 January 2016

Thoughts on Wall Street

Friday (15th Jan 2016) was a bad day for Wall Street. Dow Jones Index was down 390 points (2.4%). S&P 500 was down 41 points (2.2%). Looking futher into the details, it could be worse. Friday's volume was higher than usual; market down on higher volume!  Twenty percent of S&P component stocks registered a new 52 weeks' low.

Monday is a New York holiday. Keen to see what will happen on Tuesday, 19th of Jan.