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Tuesday, December 30, 2014

Sellers Regain Control; Nasdaq Suffers Mild Distribution



Investor's Business Daily - Investing RSS http://feedproxy.google.com/~r/InvestingRss/~3/B6OOfnrYXbU/123014-732697-Sellers-Regain-Control-Nasdaq-Suffers-Mild-Distribution.htm Major averages ended with moderate losses Tuesday, a reasonable performance considering European and Asian bourses fell more than 1% overnight. But higher volume on the Nasdaq resulted in a distribution day for the tech-filled index. The Nasdaq fell 0.6%, the S&P 500 gave up 0.5% and the Dow eased 0.3%. The S&P 500 barely avoided a distribution day as NYSE volume edged lower from Monday. Nasdaq trade rose 2%. The Nasdaq count stays at seven


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