All major global equity markets have dipped below their 50-day moving averages. As of Friday’s...

|By:, SA News Editor

All major global equity markets have dipped below their 50-day moving averages. As of Friday’s close, only seven of the 14 indices tracked by Global Macro Monitor were below their 50-days; now, they all are. The S&P 500, Dow, Nasdaq, all three European indices and the Korean Kospi broke through yesterday.