Today's News, July 24, 2008
4:30p
Negatives Return to Focus [BRIEFING.COM] The stock market trended lower for virtually the entire session Thursday as stocks lacked leadership and participants returned their focus toward negative themes. The descent dragged the stock market to a 2.3% loss.
Selling was the most concentrated in the financial sector, which finished 6.7% lower. Coming into the session, the financial sector was up 34% from its low last week. However, when the sector dipped there was no buying support, as in recent sessions. <… (Briefing.com)