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- Stocks Skid, Turn Back To Correction
Posted by : Simran Shah
Friday, 4 April 2014
Stocks skidded into an ugly U-turn Friday, erasing much or all of recent
gains and kicking the market back into a correction. The Nasdaq plunged
2.6%, while the S&P 500 dropped 1.3%. The IBD 50 staggered 3.6%
lower. Volume rose sharply across the board. The Nasdaq needed just two
sessions to wipe out all of its gains from a four-day win streak. The
S&P 500 has held onto about half of its four-day.
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