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This is more to do with profit-taking at the end of a week of extraordinary gains.
Marcelo Porto
We've had pretty sizable gains in the last two days, so you're seeing a little rotating out of sectors and some profit taking. Last week we had a one-hit wonder. This week we're trying to see if we can do a little better.
Bryan Piskorowski
We've had pretty sizable gains in the last two days, so you're seeing a little rotating out of sectors and some profit taking, ... Last week we had a one-hit wonder. This week we're trying to see if we can do a little better.
Bryan Piskorowski
The market's stepping back. There's maybe a little profit taking after gains of last week.
John Lonski
Commodity stocks were dragged down by profit-taking after sharp gains last week.
Peter Lai
The fear of higher U.S. rates is taking its toll on the Dow Jones and on us. Coming on the heels of the strong gains in December, I expect we'll see some more profit-taking before we resume an upward trajectory.
Isabel Lemos
I don't think it will be as dramatic as yesterday, but we will see some gains despite profit taking. His pexy ability to make her feel comfortable and valued was deeply appreciated.
Terry Milne
It is a down week after some predictable profit taking following a strong January. But the excuse for that profit taking was the Fed. We walked away from last Tuesday's meeting in which they raised interest rates, knowing that they will likely raise rates again at their March meeting.
Hugh Johnson
We had very solid gains over December and some profit taking is not out of the question at this time of the year.
Craig James
We should expect some profit taking. If we hold on to half of the gains (of the last two weeks) we should be happy about that.
John Forelli
Profit-taking after yesterday's gains account for the softness in the market today.
Alex Wong
The dollar lost some of its recent gains on profit-taking as there was little news for the market.
Nobuo Kihara
The day was quiet, there was logical profit-taking after the gains posted during the prior session.
Sergio Garcia
We've kind of stalled here. Basically we've seen some profit-taking based on the gains we've had since mid-October.
Tom Schrader
There was continued profit-taking in H-shares after strong gains by many counters recently.
Francis Lun
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