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>> DOW JONES 15,000 Latest News

JUN 12, 2013 - Zero Hedge

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Bonds, Stocks, Dollar Pounded In First Dow Jones Three-Day Losing Streak Since 2012

It was bound to happen: after the Tuesday "winning" streak was lost 8 days ago on the 21st unlucky week, it was the turn of the "BTFD mentality" that had prevented a 3-day losing streak in the Dow Jones since December. And while today's selling was still somewhat contained, it did not prevent the DJIA from closing below the psychological 15,000 support level, driven according to some, by the breach in the 200DMA of the USD index. It was not a good day for Treasurys either which continued their slump, and also closed a the lows of the day: The DXY's breach of the 200 DMA today was ... Read More

Tags: Bonds, Stocks, Dollar Pounded In First Dow Jones Three-Day Losing Streak Since 2012,  Dow Jones 15,000 Latest News