Two days of strong rallies often lead to profit taking, especially when the second day is a Friday.
Technology stocks, which have been battered recently, had a strong rally yesterday.
Before last week's strong rally, yields on the closely watched issue rose above 9.30 percent.
The report set off a strong rally in the dollar.
In the short run, the best reason to expect a strong rally is the market itself.
But that only means a pause of some kind after a quick and strong rally.
Stocks of smaller companies have also suffered recently, after a strong rally since last fall.
The situation was much the same in the bond market, where a strong rally ran into resistance.
He said some investors were looking for any signs of a strong rally as a reason to buy.
The news also generated a strong rally in the dollar, particularly against the German mark.