prensaestatal.com
prensaestatal.com Febrero 24, 2018


Dow plunges 1000 points as a weeklong market rout continues

11 Febrero 2018, 07:07 | Dolorita Barahona

Dow plunges 1000 points as a weeklong market rout continues

Dow plunges 1000 points as a weeklong market rout continues

That means a drop of 10 percent from a recent peak.

The S&P 500's market value surged $6 trillion between President Trump's election and the all-time high on January 26.

The Dow Jones industrial average fell 4.15% to 23,860 points, just three days after falling 4.6% on Monday.

The fresh volatility came a day after the benchmark S&P 500 and the Dow industrials confirmed they were in correction territory, both falling more than 10 per cent from January 26 record highs. Also remember that corrections tend to be short-lived The Motley Fool points out that the "S&P 500's previous 35 corrections lasted a grand total of 6,587 trading days, implying an average decline of fewer than 200 days per correction". Britain's FTSE 100 fell 1.5 percent. After Friday's increase, the Nasdaq was down 8.4 percent.

The S&P500, the most meaningful United States stock index, went through the entire year without falling by 3% or more in one session - something that had only happened once in its 94-year history.

The short answer might be we were simply due for a pullback from the recent historic run-up in stock prices.

All week, the market gyrated between large gains and even larger losses. There have been 16 corrections in the S&P 500 since the beginning of 1980, according to data from Yardeni Research Inc.

The market's sudden volatility - with the Dow Jones plunging 1,000 points yesterday - is neither a reason to panic nor a sign of any weakening of the economy, analysts told the Herald.

The Standard & Poor's 500 index rose 24 points, or 0.9 percent, to 2,604.

All major sectors were down Thursday, with technology, real estate and financials leading the plunge, signaling investor unease around interest rates and the prospect of higher inflation. Earlier in the day it had dropped by 500.

'No one can say for sure, but things don't look pretty out there given that the sharp falls haven't been bought this time around.

When was the last time we had a correction?

Throughout the recovery from the Great Recession, interest rates and inflation have remained extremely low, which made stocks a more attractive investment than bonds. This then causes the economic growth of a country to slow down. The newly volatile market was shaken in part by rising bond yields, which led stock investors to rethink their positions after months of steady gains.

Pressure also came from the Treasury market with 10-year yields reaching their highest levels in four years. Now those valuations need to be reset, he said.

Long-term investors know they need to weather storms like this periodically in order to enjoy the strong returns that the stock market has generated over time.

World share markets fell on Friday, with U.

That was particularly the case given the unusual lack of volatility seen in markets during 2017. "The only pattern we're setting is more volatility", said Rob Stein, chief executive officer of Astor Investment Management in Chicago. If you're nervous about further losses, strategies like dollar-cost averaging let you take advantage of cheaper share prices now while gently easing yourself into the stock market. To get there on Thursday, the S&P would have to fall to 2,333. Personal debt has lightened since the financial crisis a decade ago.



Otras noticias

Tendencias Ahora

That was quick! PyeongChang's Opening Ceremony was short compared to previous shows
On Friday, Pence said there was "no daylight" between the allies in pushing for denuclearization of the peninsula. But one of the best things about curling , Anderson said, is that it's a sport that almost anyone can play.

PA GOP leaders submit redrawn congressional district map
Costello won 57 percent of the vote in 2016, but Democrat Hillary Clinton outpaced President Donald Trump in the district. They will, indirectly at least, have a chance to have some input in the coming week through Democrat Wolf's office.

What you missed in PyeongChang last night: An opening night to remember
I assume they knew that message was coming. "And their (songs) are so in sync it is like they've been practicing them for years". At the postgame news conference, Jong would not comment on whether the unified team would ultimately contribute to peace.

Pochettino admits star "in contention" to feature against Arsenal
The expectations for Pierre-Emerick Aubameyang and Henkrihk Mkhitaryan were set (and set high) last week in the 5-1 Everton win. Spurs possibly had a bit of a luck in their last weekend's effort at Anfield, with late late equalizer by Harry Kane .

What's at Stake for Trump at the Korean Olympics
But North Korea's bad record on human rights and the growing threat from its nuclear weapons program appeared out of mind. The Pyeongchang Olympics are the second ever to be held on the Korean Peninsula, and its first Winter Games.

Millions of Eagles Fans Attend Championship Parade
So this is for her. "We said it right after the game: This is the start of a dynasty, and that's what we're going to do". Cops danced in the streets and directed chants instead of traffic and Eagles center Jason Kelce had some fun on live TV.

Madrid boss Zidane slams Isco exit talk
Isco won't play every game between now and the end of the season but he's part of the squad. We know that the opponent can do damage on the counter-attack. " Real? I think we're ready".

Michigan State vs. Purdue - Saturday Big Ten Basketball
No. 14 Ohio State completed a regular-season sweep with a 82-64 victory in a game that got out of hand early in the second half. Give our fans credit. "He comes off a lot of down-screens hard, you've got to be on his footsteps at all times ", Winston said.

Mark Lawrenson states his prediction for Newcastle v Man United
Then, when your team loses the ball, you have to go to the other box because I think this is the meaning of the phrase box-to-box. The club said it expects year end revenue to be £575-585 million with earnings before tax and interest being £175-185 million.

Lindsey Vonn overcomes grief to reach Olympics
Vonn said she was fortunate early in her career not to suffer many injuries, but "these last few years have really dinged me up". The 33-year-old skier vowed to win gold in honor of her grandfather, the man she called her ski racing inspiration.