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"A pullback in February was to have been expected," he said.
A pullback by bond investors could spell more trouble for the buyout industry.
A pullback in energy stocks as oil prices sank to two-year lows also hurt.
A pullback in the financial sector pushed the Dow into the red at Friday's close.
A pullback in consumer spending has affected businesses that rely on fan fervor.
Economists had expected a pullback to 53 for July.
We are expecting a pullback in equity indexes".
"But this market is due for a pullback.
"The market is extended and due for a pullback.
But there is no indication of a pullback yet.
Just as spending soared, a pullback could be equally excessive.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com