The Traderszone Network

Published in TZ Latest News 12 December, 2014 by The TZ Newswire Staff

Bears Clobber Stock Indexes As Volume Climbs

Stock indexes staggered to big losses in rising volume Friday, capping an ugly week. The S&P 500 dropped 1.6%, while the Nasdaq and IBD 50 fell 1.2% each. Volume rose across the board. The price-and-volume action constituted distribution, a footprint of fund selling. The Nasdaq added two distribution days to its count because a provisional stalling day on Nov. 21 was brought into the count.

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