General World News

Sellers Control Early Trade; NetEase, Hawaiian, Amazon Tank

Stocks started 2016 in a headlong retreat, falling hard in heavy trade at Monday’s open. The Nasdaq dived 2.7%. The Dow Jones industrial average unwound 2.2% and the S&P 500 clocked a 2.1% loss. Volume was steeply higher compared with Thursday’s preholiday action, up 108% on the Nasdaq and 82% higher on the NYSE. The stock market today took its cue from overseas action, where a combination of factors including weak manufacturing data and a pending

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Source : Investors.com