FastSaying
The market was really just accompanying Wall Street. The ongoing uncertainty over U.S. interest rates was making investors reluctant, especially with Greenspan speaking near the close.
Gabriel Jafet
Interest
Uncertainty
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The market was dead almost all day, but at the end some people appeared to believe that tomorrow interest rates will be lower and the political situation will improve.
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Everyone is waiting for Wednesday, and it looks like the futures market bears have used the wait-and-see mood to sell a bit and play downwards.
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The market was very nervous in the last minutes as (the tech-heavy U.S.) Nasdaq dove sharply. It was pure Nasdaq influence - nothing else.
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This fall is 100 percent Nasdaq. There are no local factors today.
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It looks like the market is operating independently of Wall Street today. It is a normal fight between bulls and bears ahead of the options redemption.
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