Recurring profit taking in some of the stock market’s big winners from 2013 and earlier this year took most U.S. market indexes down 2%-3% last week. For NASDAQ, which dipped below 4000 Friday for the first time in two months, prices are off 8% from last month’s high, the most in 16 months. The S&P 500 is down 4% from its April 2 all-time peak. In bonds, the Treasury yield fell below 3.5% for the first time since last July. Follow the link below to our weekly review.
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