July 7, 2008 What caused the roller coaster day on Wall Street? Play video

(NECN) - After the holiday weekend, the Blue Chips rallied and then lost ground. The Dow Jones Industrial Average sunk 56 points to close at 11,231. The Nasdaq Composite fell two points to 2243. The S&P 500 lost ten to finish at 1252. Regionally, Bloomberg's New England Index dropped about three and a quarter points. The New England tech Stock Index slipped one and a quarter.

Jim Lowell Chief Investment Strategist at Adviser Investments has Monday's market analysis. Jim explains what could have caused the roller coaster day seen in the markets Monday.