The Traderszone Network

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

Stocks Near Lows In Afternoon, But Banks Defy Sell-Off

Stocks were at new lows with an hour to go Friday, as a better-than-expected jobs report raised expectations that the Federal Reserve will boost interest rates soon. The Dow Jones industrial average fell 1.5%, the S&P 500 dropped 1.3% and the Nasdaq was down 1%. Volume rose, jumping 31% on the NYSE and 7% on the Nasdaq compared to the same time Thursday.

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