Stocks Slide as New Year’s Rally Appears to Fade

Investor enthusiasm that opened the week appears to be fading quickly. Yesterday’s US pullback, which saw the Dow decline 1.0%, has extended overnight and into this morning. In Asia, the Nikkei fell 1.6% while the Hang Seng declined 1.2%. European markets are also under pressure this morning, with both the DAX and the FTSE down […]