Below is a synopsis of this investment report:
- Answering the Unanswerable
- Market Declines Are Normal
- Looking Ahead
As Hurricane Michael ravaged the Florida panhandle and the Southeast, so did a surge of selling hit Wall Street this past week. At Thursday’s close, two days of declines had left the Dow Jones Industrial Average 6.6% below its record high set just six trading days prior. The selloff provides a dramatic reminder that sometimes it is just momentum—positive or negative—that moves markets on any given day.
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