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Bad News For The Market

Stock ExchangeWe knew October wasn’t starting off too well for the stock market but today marks the halfway point for the month and things are looking particularly bad. Today’s article explains what exactly happened on Monday. “The S&P 500 closed at 1,875, down 1.7% for the day and putting the index below its 200 day average for the first time since 2012. The decline occurred mostly after 2 p.m., and marked a 1.8% drop from a daily high of 1,912. In the past three days, the S&P 500 has dropped 4.8%, from a high of 1,969, in the worst 3 day decline since 2011.” To read more, CLICK HERE.