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Traders Get Coal in Their Stockings as Fiscal Cliff Concerns Drag Stocks Lower
MINYANVILLE ORIGINAL Stocks sold off on Monday as the fiscal cliff weighed on traders' minds. In a CNN appearance on Sunday Senator Joe Lieberman said “For the first time I feel it’s more likely that we will go off the cliff.” That seems to be the attitude the market is reflecting though it could be argued that the market has been due for a breather given that the S&P 500 (INDEXSP:.INX)rallied 5% between November 28 and December 18. In stock news multi-level marketing company Herbalife (NYSE:HLF) sank yet again from the weight of hedge fund honcho Bill Ackman's very ...
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