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tdp2664 InvestorPlace A news-focused stock market turned its attention to Europeagain yesterday, when reports that the German chancellor could see no immediate resolution to the European economic crisis. That, coupled with disappointing earnings from Citigroup (NYSE: C ) and Wells Fargo (NYSE: WFC ), set up the stock market for a lower opening. And so from the opening bell to the close, the bulls were crushed yesterday with a steady flow of sell orders. Even though volume was low with just 904 million shares trading on the NYSE, sellers outnumbered buyers by about 4-to-1. It was a straight line down for each of the major indices until just before 3 p.m., when a few buyers poked their heads above the trenches, but they were overwhelmed by more selling that continued to the final bell. Click to Enlarge Volatility returned yesterday with the CBOE Volatility Index ( VIX ) jumping 4.65 to 32.89.
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