*Taken from CNBC.
Stocks were off their lowest levels Monday, but were still under selling pressure amid renewed concerns over Greek debt and disappointment over the results of a meeting of European finance ministers over the weekend.
The Dow Jones Industrial Average dropped sharply, led by JPMorgan [JPM 32.2675 
-1.1625 (-3.48%) 
] and Alcoa [AA 11.515 -0.455 (-3.8%) ] afterlogging a gain in the previous week.
The S&P 500 and The Nasdaq also tumbled. The CBOE Volatility Index, widely considered the best gauge of fear in the market, jumped to more than 34.
All 10 S&P sectors slumped, led by energy and financials.
2 Comments
I don’t even pay attention to stocks anymore. One day they’re up, the next day they slide. For a system created by people, the economy is shockingly difficult to control.
Best way to control it is no control. Let the ship steer itself.