Photo: Google Finance
It’s been a little while since we’ve seen back-to-back sell-offs in the stock market. But it looks like we’ll see one this week.Earlier this morning we learned that initial jobless claims jumped by more than expected.
We also learned that personal incomes surged in December. But this was largely the result of one-time gains resulting from special dividends.
Despite the selling today, U.S. stock remain very close to their post-crisis highs.