re: #332 kansas

OT
Stock market tanking. Is Obama back in the country?

…………………………………………………

Investors sent stocks lower Tuesday, extending a pause in a big four-week rally as the market girds itself for potentially grim earnings reports.

The Dow Jones industrial average dropped about 200 points while the broader indexes fell more than 2.4%.

The selling blanketed a broad swath of sectors, from financials to energy, amid a fairly quiet day of trading during a holiday-shortened week. The markets are closed Friday in observance of Good Friday.

Analysts attributed the pullback to profit-taking after a huge advance in March that gave the Dow Jones industrials their best four-week performance in more than 75 years.

Investors are keenly focused on bank earnings that get under way next week, and several pessimistic forecasts about potential loan losses have jolted the market in recent days.

Source: crainsnewyork.com