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dow2664 After several choppy days in the initial half of the week, extreme volatility returned to the stock market yesterday. Stocks plummeted during yesterday’s open market trading and the Dow ultimately fell by over 400 points. Cues from the global marketplace were poor as the Asian markets finished red, followed by the significant losses that posted with Euro stocks. These factors added to the negative pressure felt in the U.S. marketplace and helped to push index trends lower. In addition, the report posted via Morgan Stanley was noteworthy as it stated that the U.S. and Europe were treading dangerous economic waters and the economies were close to being identified as recessive. In general, it was a bad day for investors on Wall Street and for global economic outlook. The weekly jobless claims pushed higher by 9,000 in the U.S. This data posted much worse than what most economists had been anticipating. The Philadelphia Federal Reserve’s regional manufacturing index was weak too. Indices suffered, stocks suffered and funds suffered yesterday. According to google finance, USAA Aggressive Growth Mutual Fund USAUX finished in the red. The Fund fell lower by 5.81 percent on the day and closed down to 29.52. Previous close for the fund was 31.34. Frank Matto
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