Tuesday, February 9, 2010

Tuesday Look Ahead: Wall Street Sell-Off Not Over Yet

Stocks stumbled in Monday's final hour, signaling traders that the market's sell off could still have some ways to go.

Outside the New York Stock Exchange in lower Manhattan.
Photo: Oliver Quillia for CNBC.com
Outside the New York Stock Exchange in lower Manhattan.

The Dow fell 103 or 1 percent, to 9908, its first close below 10,000 in three months. The Dow is now 7.6 percent below its Jan. 19 high. The S&P fell 9 points, or 0.9 percent to 1056. It is now 8.1 percent below its January high but still 56 percent above its March low.

"A 10 percent down move on a correction is the first stop,Read more

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