The Stock Market Is Falling Again: Suddenly Everyone’s Talking About The ‘September Angst’, Modest Retail Sales Miss Means Taper On Deck, Furniture Sales Slide
August 13th, 2013
The Stock Market Is Falling Again
For the third trading session in a row, stocks are falling again.
This morning’s advance retail sales report caused a bit of selling in the futures at 8:30 AM ET, but the S&P 500 really took a turn downward when exchanges opened at 9:30.
Now, the index is down 0.4% from yesterday’s close to 1682, trading near its lows of the day.
If the market closes down again today, it will mark the sixth trading session in the last seven that stocks have fallen since the all-time high of 1709 on August 2.