Nasdaq logs lowest close in over 2 years as stocks end lower for 4th straight session

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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