Risk Aversion Dominated Markets, S&P 500 Made New 2010 Low, Dow Closed Below 9900

Market sentiments were hit by two pieces of data from Conference Board today. Selloff in equities was triggered in Asia by downside revision in China leading indicator that sent Shanghai Composite -4.27% lower. European stocks followed with FTSE down -3.1%, DAX down -3.33% and CAC down -4.01%. Selling then intensified View full post on Action Insight (All Reports)