Julio Gonzalez, M.D., J.D.
Trading continued to be choppy Monday as investors displayed concerns over earnings, and rising interest rates.
The Dow Jones Industrial Average posted a 126.86 loss to 25,317.48. The loss was mostly powered by lackluster performances from the energy and financial sectors. The negative close represents the fourth straight day of losses for the Dow. The big loser was the financial sector as it gave back 2.1% over the trading day.
In the meantime, the tech stocks posted positive performances with the Nasdaq Composite gaining 0.3%
The tepid performance is a sign of treacherous times to come as investors try to gauge earning reports that will be published this week against U.S.-China tensions, Italy's friction with the European Union, and American monetary policy.
Dr. Julio Gonzalez is an orthopaedic surgeon and lawyer living in Venice, Florida. He is the author of The Federalist Pages and serves in the Florida House of Representatives. He can be reached through www.thefederalistpages.com to arrange a lecture or book signing.