Broad US Equity Selling Pressure
Broad-based weakness across major U.S. indices reflects investor caution and selling pressure
Too little corroboration in the last 3 days to call a trend (4 articles). Watching for it to gain traction.
Mainstream financial press is carrying this — attention has broadened beyond specialist outlets.
"The S & P 500 fell 0.7 per cent near 2.30pm in New York with consumer discretionary pacing eight of its 11 industry sectors lower. Sentiment was dented by disappointing sales at Walmart."
"Major U.S. indices closed lower on Monday, with the Dow Jones Industrial Average declining 0.59% to 51,839.26. The S&P 500 slipped 0.19% to 7,443.28, while the Nasdaq edged down 0.05% to 25,508.07."
"Netflix Inc. (NASDAQ: NFLX) shares dipped more than 10% on Friday after the company reported mixed second-quarter financial results and issued weak guidance for the third quarter."
"Major U.S. indices closed Wednesday in negative territory. The Dow Jones Industrial Average edged down 0.03% to 52,305.24, the S&P 500 lost 0.22% to 7,483.23, and the Nasdaq fell 0.66% to 26,040.03."