Stocks Pushed to the Brink of a Bear Market on Christmas Eve

Compared with its intraday high on Sept. 21, the gauge is down 20 percent. “Even if 20 percent is just a psychological number, it is psychologically very important,” Chris Zaccarelli, chief investment officer at the Independent Advisor Alliance, said by phone. “We’ve been trading like we’re already in a bear market for the past few weeks.

from Yahoo News - Latest News & Headlines https://yhoo.it/2rSCY2k
via IFTTT