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"People are more nervous this week than most, " said Rick Fier, director of equity trading at Conifer Securities.
WSJ: Dow Posts Fourth Straight Decline
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"There's no real economic news or earnings, so the markets will center around rumors out of Europe, " Mr. Fier said.
WSJ: Dow Posts Fourth Straight Decline
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"People got caught off guard a little yesterday, but I'm not sensing panic anywhere, " said Rick Fier, director of equity trading at Conifer Securities.
WSJ: U.S. Stocks Join Global Slide
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He said he hoped future generations would "say with pride 'Ich bin ein Europaer', 'Je suis fier d'etre Europeen', 'I'm proud to be European'".
BBC: EU collects Nobel Peace Prize in Oslo
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"This morning's economic number didn't help at all, but markets were already lower on the back of Cyprus news, " said Rick Fier, director of equity trading at Conifer Securities.
WSJ: Stocks Jump for Week Despite Loss Friday
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Conifer's Mr. Fier noted that stock futures actually flickered lower after the positive labor data, a sign that traders worry that positive data will increase the likelihood for the Fed to act soon.
WSJ: U.S. Stocks Join Global Slide