The Traderszone Network

Published in TZ Latest News 29 September, 2014 by The TZ Newswire Staff

Stocks Fall, But End Well Off Day’s Lows

Stocks lost ground Monday, but showed resilience by ending well off the day’s worst levels. The Nasdaq slipped just 0.1% after sliding 1.1% in the opening minutes. It briefly touched positive territory. The S&P 500 pared a 0.9% loss to 0.3%. Both of the major indexes closed above their 50-day moving averages, the latter by just a hair. The indexes started slipping below that line last week, although they closed below it just on Thursday.

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