Nasdaq Extends Worst Start To A Year Since 2009 As Fed Sends Rate-Hike Odds Soaring

Nasdaq Extends Worst Start To A Year Since 2009 As Fed Sends Rate-Hike Odds Soaring

From zerohedge.com

All major US equity indices are now lower on the year with the Nasdaq Composite the worst-performer (and The Dow the least bad horse in the glue factory)... chart In the last 30 years, only 2009 saw a worst start to the year for the Nasdaq Composite... chart On the week, Nasdaq ripped higher today to get back to even on the week, Small Caps and The Dow were the week's laggards... chart Nasdaq bounce today was AGAIN perfectly off the 200DMA (and The Dow fell back below its 50DMA)... chart Banks were battered today - after their big run-up this year - with JPM suffering its biggest post-earnings decline in at ... (full story)

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