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RSS FeedsStock market experts say this is a stumble, not a plunge
(WorldNews Business)


12 october 2018 12:19:31

Stock market experts say this is a stumble, not a plunge
(WorldNews Business)

Woah, what was that? After months of relative calm, Wall Street has been jolted by a sudden run of turbulent trading. The swoon wiped more than 1,300 points from the Dow Jones Industrial Average over two days and dragged the benchmark S&P 500 index down more than 5 percent. The VIX index, which measures how worried traders are about a decline in stocks, climbed Thursday to its highest level since February, when the S&P last had a correction, or a 10 percent drop. What now? Experts say this new eruption of market volatility should not be surprising, especially after the long stretch of relative calm investors have enjoyed. Over the summer, traders set aside worries about the...
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