Media

NASDAQ.com


Dow Slips Into Negative Territory For Year To Date

 

John Kosar, director of research at Asbury Research, said turning negative on the year is like a “dose of reality” for investors, but isn’t necessarily a signal that the market’s weakness will accelerate.

“At the very least, this is clearly an inflection point,” Kosar said. “But i don’t think its indicative of any longer- term [down] turn for the market.”