Photo: Google Finance
Just like that, a 100 point early morning rally in the Dow disappeared.And now the Dow’s down a full 109 points.
The little bit of news that we’ve gotten this morning all seems to point to further deterioration in the global economy.
Weak Chinese imports data confirm slowing in the world’s second largest economy.
And a collapse in the NFIB small business optimism index points to weakness in the U.S. economy.