Here we go again – the market is extremely weak going into the Friday close. Remember the end-of-the-week wild rallies? Yeah, good times…but they’re gone.
There is no single reason why it’s lower today but there is enough general bearishness to cause it. There is turmoil in France, Brexit problems, Italy and more. Additionally, the US will see another rate hike next week. So the indices are getting crushed enough to give us another “Friday Weakness” scenario.