The stock market’s nightmare may be far from over

After a nail-biting week with the Dow Jones Industrial Average sinking nearly 1,400 points over two sessions, the jury is still out on whether the selloff signals a fundamental shift in the stock market or a brief episodic correction. But one thing is certain, investors should brace for more drama in the coming days as corporate earnings, rising interest rates and economic data all converge for a volatile mix of angst-ridden trading.
But one thing is certain: Investors should brace for more market drama in the coming days as corporate earnings, rising interest rates and economic data all converge to create an angst-ridden trading backdrop.
Stocks bounced back decisively on Friday with major indexes finishing in positive territory even though they were sharply lower for the week. The fact the market closed on a strong note heading into the weekend negates some of the “technical damage” wrought earlier, according to Jeffrey Saut, chief investment strategist at Raymond James.
Continue reading at marketwatch.com>>
HOW TO PARTICIPATE
- Sign up for an account or login, you can use your social media accounts.
- Finish reading the article at the original source above
- Vote on the article in the ratings box (requires login)
- Go to the comments section below and discuss the truth of this article with others
- Connect this story with others by submitting more articles to the section or storylines shown below
- Share this story on your social media to get more accurate and unbiased results about its truth and bias.
Submitted by Marcus Aurelius
1227 articles submitted, 52 comments, 3124 user score with a lean of Center and a credibility of Rock Solid
Audrxr Aug. 20, 2021, 4:21 a.m.
Quality: No votes yet | Lean: No votes yet | Vote now
ivermectin 6mg tablet for lice - [HTML_REMOVED]stromectol pills canada[HTML_REMOVED] buy stromectol 3mg
Reply