[Chart courtesy of MarketWatch.com] 1. Moving the Markets Following the Brexit vote late last week, markets did not boomerang back into positive territory today as some had hoped. In fact, all 3 major indexes here in the U.S. dropped at least 1.5%. What I can tell from today’s trading session, is that the path forward for stocks will continue to …
Markets Drop, Snapping A 6-Day Winning Streak
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks pulled back from record highs today, dragged down mostly by the financial sector after hearing today that six big banks were fined $4.3 billion in a settlement over foreign exchange manipulation charges. The S&P 500 and Dow both closed a tad lower, which snapped a 6-day streak of daily gains. The …