Top 3 Reasons Today’s Markets Were Down

Markets closed down on Wall Street: DJI -0.64% SP500 -0.41% Nasdaq -0.9% Gold +0.66%

The markets were down because:

  • Cisco’s (CSCO) disappointing earnings call weighed on the powerful Nasdaq (QQQQ). Tech has returned to the highs of 2007, so there are a lot of high expectations baked into the market. Earnings Cheat Sheet: Cisco Upsets Investors >>

Premium: Join Wall St. Cheat Sheet Managing Editor and Pro Investor Elliot Turner for his exclusive new webinar “Finishing 2010 Strong” >>