The highs for the day within the Nasdaq right this moment got here moments after the open. It was regular buying and selling however principally decrease from there till the ultimate 40 minutes of buying and selling when the underside fell out.
The index closed down 0.4%, and on the lowest since Thursday and the third straight day of declines.
The drop might point out rebalancing flows into quarter finish.
Different markets:
- S&P 500 -0.3%
- Russell 2000 -0.1%
- DJIA -0.1%
- Toronto TSX flat
This text was written by Adam Button at www.forexlive.com.