Not surprisingly, resistance of the S&P 500's February highs triggered a broad-based sell-off yesterday, causing the major indices to register their largest losses in weeks. The Dow Jones Industrial Average tumbled 3.6%, the Nasdaq Composite 3.9%, and the S&P 500 4.3%. The small-cap Russel ... Read more

As anticipated, the S&P 500's touch of its 50-day moving average in the previous session gave the broad market a convenient reason to pause yesterday, but the moderate losses occurred on lighter volume. Stocks initially gapped to open near the prior day's highs, but drifted back down throughou ... Read more

Stocks logged their sixth day of gains within the past seven sessions yesterday, as market participants reacted favorably to the Fed announcement they would begin buying long-term treasury bonds. The major indices initially got off to a lower start, but again demonstrated their newfound resiliency ... Read more