More selling developed in the stock market on slightly lower volume yesterday. Price action and indicators suggest the rate of fall may be slowing.
The stock market could use a healthy correction soon, before prices start rising at an unsustainable pace.
An investor bought $5.12 million in call options that will be profitable if the Chicago Board Options Exchange Volatility Index jumps at least 50 percent in the next four months.
The dollar rose for a second day after retail sales gained more than forecast last month, adding to speculation the Federal Reserve will move to trim its $85 billion of monthly asset purchases at a meeting next week.