Dow, Nasdaq diverge, volatility picks up: Market takeaways

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Jared Blikre Nieuws

Nasdaq,Dow,The Dow

Yahoo Finance's Jared Blikre joins Asking for a Trend with Wednesday's trading takeaways, beginning with the divergence in the Dow (^DJI) and Nasdaq (^IXIC) ...

) over the last five days. While the Dow has been under pressure, the Nasdaq has net risen, Blikre says. He attributes this change to a difference in Treasury yields and a shift in investors' approach as they look for safety.), which he calls"an official yellow flag," and also trending up the bond market.

TORONTO — Fitch Ratings Inc. says it has downgraded its outlook on TD Bank Group to negative from stable because of the potential fallout from anti-money laundering deficiencies at the bank. The credit rating agency, which at the same time affirmed its long-term credit rating of AA- for the bank, says the negative outlook reflects the uncertainty stemming from the multiple investigations the bank faces about its anti-money laundering practices in the U.S.

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