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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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