Inside Self-Storage is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Stock Market Starts Strong But Falters

Article-Stock Market Starts Strong But Falters

After a four-day streak, stocks started off strong on Monday only to falter as the day progressed. The Dow Jones industrial average lost 7 points, or 0.1 percent. The S&amp;P 500 index slipped 2 points, or 0.4 percent. The Nasdaq composite tumbled 27 points, or 1.9 percent. <br><br>

After a four-day streak, stocks started off strong on Monday only to falter as the day progressed. 

The Dow Jones industrial average lost 7 points, or 0.1 percent. The S&P 500 index slipped 2 points, or 0.4 percent. The Nasdaq composite tumbled 27 points, or 1.9 percent.

Stocks had gained through the early afternoon on a rally in bank shares and some upbeat comments from Federal Reserve Chairman Ben Bernanke. But the advance lost steam late in the afternoon.
Investors were pulled between wanting to extend the advance and wanting to take profits.

Source:  CNNMoney.com,  Stocks Can't Sustain Rally

Related Articles:
Stock Market Continues to Rise