U.S. Stocks Rebound Short Lived, End the Day Lower
Stocks continue to fall as a close came to the second day of the stock sell-off. The slow start to 2015 has been due to sinking oil prices, political and economic troubles from around the world, and weaker than expected U.S. economic data. The 10-year U.S. bond falls below 2%, hitting a 19-month low. This drop shows that the safety trade is upon us. Despite SeaWorld (SEAS) being battled with controversy in recent years its recently fired CEO is receiving a severance package worth $2.6 million. SeaWorld's shares are down nearly 40% in the past year.