U.S stock markets struck a two-week low today as several new items fueled growing investor bearishness. After Dow component Caterpillar
That wasn't the only negative news to affect market sentiment. Equally alarming to investors, the head of the Philadelphia Federal Reserve, Charles Plosser, stated publicly that the U.S. Fed's most recent stimulus efforts were unlikely to bolster economic growth.
Today's market news caused the S&P 500 and the Nasdaq to end 1% and 1.4% lower, respectively. As should be expected, the glut of negative commentary also generated a sharp spike in the market's "fear gauge," or the VIX
Around the markets
Shares of Zillow
On the flip side, Research In Motion