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Are you buying the dip? 13-05-21





The Dow continued selling off, after hitting a record high earlier this week, with a decline of more than 600 points. Fears of increasing inflation caused investors to sell on Wednesday as the Labor Department reported that headline consumer prices surged by a faster than expected 4.2% in April. This was also the highest inflation rate since September 2008. Economists were expecting an increase of 3.6%. Core CPI, which excludes food and energy, rose 3% year over year.

In this video, we look at key levels for the index to be trading in.

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