Yesterday, US stocks shrugged off the news of historic jump in unemployment claims and mounted a respectable rally. Today, that rally was almost completely reversed, as the SkyNet StockBots kept the pressure on most of the day. A late rebound reduced the day’s losses a bit. The DJIA dropped 361 points (1.7%) and the NASDAQ sank 115 points (1.5%).
Stay tuned as the battle of the SkyNet StockBots continues.