The Traderszone Network

Published in TZ Latest News 6 January, 2015 by The TZ Newswire Staff

Late-Session Rally Fades; Stocks End Firmly Lower

Major averages finished with more losses Tuesday after a late-session rally faded by the close. The Nasdaq fell 1.8% early, shaved its loss to 0.5% in late trading, but ended 1.3% lower. The S&P 500 gave up 0.9% and the Dow Jones industrial average fell 0.7%. Preliminary data showed NYSE and Nasdaq volume coming in higher than Monday. February crude oil lost another 4.2% to settle at $47.93 a barrel, its lowest level since April 2009.

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