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U.S. stocks suffer worst monthly loss in over year

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NEW YORK (MarketWatch) — U.S. stocks ended the week and the month with deep losses following a Friday selloff prompted by disappointing earnings, renewed fears over deflation in the euro zone and a continued rout in emerging markets. Disappointing earnings from Amazon.com Inc. and Mattel Inc. set the downbeat tone early in the session. The S&P 500 and the Dow Jones Industrial Average finished January with the steepest monthly declines since May 2012. The Dow closed 149.76 points, or 0.9%, lower at 15,698.85, after recording a second straight week of losses. The blue-chip index is down 5.3% this month. The S&P 500 ended the day down 11.61 points, or 0.7%, at 1,7832.59. The benchmark recorded its third weekly loss in a row. The Nasdaq Composite briefly ventured into positive territory but ended the day 19.25 points, or 0.5%, lower at 4,103.88, registering its second weekly decline in a row.

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U.S. stocks suffer worst monthly loss in over year is a post from: The Forex Trading System Blog

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