The Second Quarter Ends with a Thud as Indexes Notch a Day of Distribution

The second quarter ended in bleak fashion as institutional investors were busy selling holdings.  A drop in consumer confidence didn’t help stocks as higher oil prices and economic uncertainity were major factors for the drop.  There wasn’t many places to hide on Tuesday, except for leading stocks.  The NYSE indexes suffered heavy volume selling throughout much of the day only to see late day support.  Over on the NASDAQ volume was subdued for much of the day until the last 5 minutes when a rush

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