Are Stocks About to Repeat Their Summer Horror Show? Stocks are already down about 10 percent from the year’s highs, and analysts expect the choppy trading to continue, now that the May jobs report Friday confirmed the economy is slowing. The dismal report, showing just 69,000 jobs created, also sparked instant speculation that the Federal Reserve will come to the rescue with another round of easing. Friday’s market selloff made for the worst start to the month of June for stocks in a decade, with the Dow down 2.2 percent and the S&P 500 down 2.5 percent. Traders were also quick to question whether this year, like the past two, will see stocks make their highs for the year in the spring, before a summer swoon. For the week, the Dow lost 2.7 percent to 12,118, and the S&P 500 was down 3 percent at 1278, while Nasdaq was down 3.2 percent at 2747. http://www.cnbc.com/id/47651695
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