The Traderszone Network

Published in TZ Latest News 5 May, 2014 by The TZ Newswire Staff

Stocks Recover After Soft Open, But Volume Disappoints

Resilience was the operative word Monday as major averages ended with small gains after a weak open. Stocks were spooked early as weak manufacturing data in China and clashes in Ukraine weighed. The Nasdaq fell 0.9% early but started rallying back in the first hour of trading. It ended with a gain of 0.3%. The S&P 500 rallied 0.2%. Volume on the NYSE fell 14% from Friday, while Nasdaq trading fell 15%.

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