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Us Stock down as crisis in Portugal

As U.S. stocks crawled to new highs for the year early this week, calls that the market was long overdue for a correction continued to mount.

Might a potential new crisis in Portugal finally convince the bulls to throw in the towel and let the bears have a real pull-back in stocks?

Setting aside the reality of the debt problem in Portugal, market behavior so far this week suggests that for stocks, in any case, this too shall pass.

The Us Market closed at


DOW

10,836
-52.60
-0.48%

NASDAQ

2,399
-16.48
-0.68%

S&P 500

1,168
-6.45
-0.55%