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>> NASDAQ Latest News

MAR 22, 2014 - TheStreet

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'Fast Money' Recap: A Down Day

NEW YORK (TheStreet) -- The Nasdaq led U.S. equities lower on Friday, closing down by nearly 1%.  On CNBC's "Fast Money" TV show, Brian Kelly, founder of Brian Kelly Capital, said investors are rotating out of high-growth stocks and into stocks like Microsoft , Cisco Systems and U.S. Steel . Pete Najarian, co-founder of optionmonster.com and trademonster.com, said many financial stocks hit 52-week highs on Friday -- including Bank of America , Wells Fargo and JPMorgan Chase -- before pulling back and ending the session lower. He attributed the selloff to profit taking and remained ... Read More

Tags: 'Fast Money' Recap: A Down Day,  Nasdaq Latest News