Stock Market Momentum Pauses, Dow Drops

Recently, the stock market has been on a roll. On Monday, the recent momentum was paused. Many market experts believe that the momentum over the last several weeks has investors and traders thinking that the recovery is moving too quickly. Despite this pause, most experts believe that the rally will once again pick up steam sooner rather than later.
The Dow Jones industrial average finished Monday at 8,418.8, a drop of slightly less than 2%, while the S&P’s 500 fell slightly more than 2% to 909.2. The NASDAQ index wasn’t hit as hard — falling only 0.5% to finish the day …read more