Worries Over Inflation Send U.S. Market Down

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Tom Samuels, managing partner at Palantir Capital Management said, "The information mill trying to convince itself that good news is excellent and bad news is a lift." Samuels also said, "The Dow has risen five of history six weeks and becomes less than 2 percent from its highest amount of the year, which it touched in late April." Interest rates have been falling till a Fed move.

By 3:15 on Thursday, things were looking pretty sweet, although from there, enthusiasm for maintaining the ramp-job waned and the S&P 500 wound up just one crummy basis point the actual green and the NASDAQ slipped into the red.



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