Downside Move News Today

Seeing big losses today. cnbcs dominik chu joins us with more. we talked about three major causes for the drop today. would you say one is the overriding concern here? >> you hit the nail on the has. there are many cross currents at play right now. the one a lot of traders and investors are focused on is likely going to be that slowing momentum, that downside move in technology stocks. and the reason why is because technology, internet, media related stocks make up a huge portion of the u.s. sto...

Winningest trades that have happened over the last couple years that have selling off the most. namely big names like amazon.com, facebook has been a big culprit. larger company technology stocks. those stocks that have done really well since the election are the ones that are pulling back by some of the most in todays trading and over the last couple of weeks. so andrea, its something that a lot of traders are watching very closely. theyre watching to see if those charts indicate this downside ...

Since all of this got started back in 2008. it is a much better than expected number. stuart varney joins me now. host of "varney & company" on the fox business network to tell us what he sees in this number. clearly the trend line is a good one, stuart. >> the trend line is good but i have to point out to you, martha, the downside move, fewer number of people applying for unemployment claims, that has stalled. weve gone from 400,000 six months ago, to 350, 360 now. we havent moved lower for the...