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A day earlier, the S.& P. 500, a broad market gauge, hit its lowest level since October 1997.
[C13.] Stocks Fall Sharply on Report of High Inflation Stocks sold off sharply, pushing the three major gauges down more than 1percentt, after a major inflation gauge hit a 25-year high and stirred fears of higher interest rates, while Pfizer posted disappointing quarterly results.
"This particular gauge hit a similar reading last January which marked a short-term top, but not an end to the bullish run," says Stack, who believes the bull market will eventually succumb to the Federal Reserve's rate hikes, although market internals like breadth and leadership still show bullish readings for now.
It's kind of like how I'll be really pissed off at ExxonMobil for destroying the planet, and then see my fuel gauge hit empty and happily pull into the nearest gas station, whistling away as that very company gets 30 of my hard-earned dollars.
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As the pressure on the soccer gauge hits the exploding point, is it a forewarning that Spain itself may rupture?
If a drumstick breaks within a few plays of buying it, you're probably holding it wrong, using too light a gauge, or hitting the high-hats/cymbals incorrectly.
Stock prices had been extraordinarily weak until the last two days, with the main gauges all hitting multiyear lows on Wednesday.
The game's score system is based on a multiplier bar and a hit gauge counter.
Of major market gauges, the hardest hit was the Nasdaq composite index, which dropped 75.73 points, or 4.4percentto to close at 1,646.34.
The commission's number-crunchers are also examining different Brexit scenarios to gauge the potential economic hit for the UK and the EU27.
WASHINGTON (Reuters) — A closely watched gauge of jobless benefits hit a two-year low last week and factory activity in the country's mid-Atlantic region accelerated in November, suggesting the economy's recovery was gaining speed.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com