Matthew Peterson said that Any market pullback, if orderly, are healthy as long as the underlying fundamentals for the market are strong,
ET, the Dow Jones Industrial Average was down 117.7 points, or 0.56 percent, at 20,825.41, the S&P 500 was down 14.69 points, or 0.61 percent, at 2,384.94
and the Nasdaq Composite was down 46.58 points, or 0.76 percent, at 6,082.57.
(Reuters) - U. S. stocks were on track to record their steepest fall in nearly a month on Thursday amid broad declines, led by retail and bank stocks.
Peterson said that We’ve seen participation in the market broadening, in terms of industries and the number of stocks, and that is a healthy thing,
Shares of Snapchat owner Snap Inc plunged 20 percent after the company reported a slowdown in user growth
and revenue in its first earnings report as a public company