Tuesday, September 6, 2011

Welcome Back my Friends....

After two upbeat Septembers, the month is reverting back to historical form this year as the year's worst performing month: the Dow, the S&P 500, and the Nasdaq have all posted their biggest 2-session drops to start September since 1974. 


Today's early action isn't likely to be much better, following a European market selloff Monday during Wall Street's Labor Day holiday.  Japan's Nikkei Averages fell 2.2% overnight to close at a 2011 low.

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