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Old 05-22-2011, 01:10 PM
centsgirl centsgirl is offline
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Default Wall Street sell off

There are signs of Wall Street sell off are every where but U.S. stocks might well survive another week relatively unscathed if investors keep betting on sectors less vulnerable to an economic downturn.

Pressure for a correction in the stock market has been building up in the past few weeks as the euro and oil prices fallen, knocking down shares of energy companies.

Investors have averted a broad sell off by diving into shares of companies that are less vulnerable to the economic cycle, including any well known defensive sectors like utilities and household products.

Can you imagine a Wall Street sell off happening? What will this do to your stocks?
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