“Stocks were lower midday Friday after turning tail in the first session of 2015,” Andrew Edwards reports for Investor’s Business Daily.
“The Nasdaq fell 0.7%, the S&P 500 lost 0.3% and the Dow Jones industrial average slipped 0.1%. Volume was tracking well above Wednesday’s levels in the stock market today,” Edwards reports. “The Russell 2000 slumped 1.2% as small caps took the hardest hit.”
Edwards reports, “Two out of three stocks from the IBD 50 were lower. Apple dropped 2% in heavy trading, falling further below potential support at its 50-day moving average.”
Read more in the full article here.