US STOCKS-Wall St resumes slide; semis a drag

A semiconductor index .SOX was down 1 percent, and remained below its April 2010 high, suggesting more bearish activity after the index broke below its 200-day moving average.

“We look for the leaders to lead, and when the leaders aren’t leading, it indicates a problem,” said John Kosar, director of research at Asbury Research in Chicago.

Invest like a Professional. Get Started Today

Don’t miss any more opportunities. Sign up today and see how Asbury Research can give your investments the edge they need in a turbulent market.
Start Today!