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"The market's winning streak had to end some time, and today was the day.The S&P 500 fell 0.2% to 2,115.48 today, while the Dow Jones Industrial Average declined 0.1% to 17,985.19. The Nasdaq Composite dropped 0.3% to 4,958.62.Of course, those weren't big losses. Instinet's Frank Cappelleri notes that 'rallies can simply levitate on apparent fumes.' He explains:", blogs.barrons.com
"Global growth worries and a sharp drop in oil prices sent jitters through Wall Street, leading the three major U.S. indexes lower for the second straight day on Friday. Despite higher demand, oil eased as traders booked profits after a three-day winning streak that started Monday and pushed prices to 2016 highs, and as the dollar moved higher.", www.todayonline.com
"Global growth worries and a sharp drop in oil prices sent jitters through Wall Street, leading the three major US indexes lower for the second straight day on Friday. Home of GMA News Online listing top breaking Philippine and international headlines, videos and photos encompassing sections of current events, sports, economy and business, science & technology, pinoy abroad, showbiz entertainment, lifestyle, weather, traffic and local region stories. Also includes foreign exchange rates, lotto results, board exam results.", www.gmanetwork.com
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