The market sell off intensified in the last half hour of trading as eurozone concerns rule over the market again. Investors continue to be disappointed as central bank officials are not supportive of another round of QE. The latest officials to be against come from the minutes out of the Bank of England. Out of all the officials on the Monetary Policy Committee, only one supports another round of quantitative easing.
The Dow ended the day down more than 80 points, the Nasdaq fell 11 points and the S&P 500 dropped 5 points. [Read more...]