2016-01-15 — cnn.com
The wave of selling dashes hopes that recent signs of stability in the market signified Wall Street's panic attack was over. On Thursday, the Dow jumped 228 points, its best day since early December.... "There's a mad rush for the exits! There is one direction to this trade in the immediate term: Lower," said Peter Kenny, an independent market strategist and founder of Kenny's Commentary.
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Also, it's not clear consumers are really spending their gas savings at the stores. The government said on Friday that U.S. retail sales dipped in the critical month of December. That's never good. Economic concerns were reinforced by a new gauge on New York-area manufacturing activity, which unexpectedly plunged in January.
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