Are Stocks In A New Downtrend?

energy stocks top holdings of Randall Smith

Stocks sold off on Thursday, as Central Banks signaled more tightening ahead. Is this a new downtrend? The S&P 500 index lost 2.49% on Thursday, as it extended its short-term downtrend after breaking below the 4,000 level. The market continued to react on Wednesday’s FOMC interest rate hike. Yesterday it went the lowest since November […]