These tech companies have done so well, so it was a headline shock. Then we saw the news out of Japan. Anyone who was on the fence with regards to taking profits, that tipped them over the edge. |
They've left the door open for the possibility of continuing to raise rates. |
Those numbers that came out this morning on the economy really signal that the rate hikes aren't over and the market hated to hear that. |
We've been drifting for the last two hours here, with no real selling or real volume. |
We've had such a quick run here in the first quarter, to see the market trade sideways or taper off a little bit wouldn't be that unusual. |