U.S. stocks finished lower on Monday as all three major indexes fell for the fourth straight session and the Nasdaq Composite saw its lowest close in more than two years. The S&P 500 SPX, -0.75% closed 27.27 points, or 0.8%, lower at 3,612.39.
The Dow Jones Industrial Average DJIA, -0.32% finished 93.91 points, or 0.3%, lower at 29,202.88. The Nasdaq Composite COMP, -1.04% closed 110.30 points, or 1%, lower at 10,542.10, its lowest closing level since July 28, 2020, according to Dow Jones Market Data.
DJI 29202 down 18.8% from 36000 12/21. NAS 10542 down 34.1% from 16000 11/21. S&P 3600 down 25% from 4800 12/22. 10 months of decline as inflation rises and central banks raise interest rates. That’s some taper tantrum. Who's making all the money ?
$SPY $QQQ
edgew00datl time to buy or wait more?
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