Friday, February 2, 2018

End...

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 31, 2018.



U.S. stocks lost nearly $1 trillion in this week's sell-off, according to Howard Silverblatt, senior index analyst at S&P Dow Jones Indices.


The S&P 500 fell 3.85 percent in its worst week since the ugly beginning to 2016, before Brexit and before President Donald Trump's election. The last week's decline erased $945 billion from the index's market value, with $511 billion lost on Friday alone, Silverblatt said.
Stocks plunged as investors worried about interest rates rising too quickly. The decline in market value followed an unprecedented month of inflows into equities in January.

The main question is if this week is an adjustment or the start of a correction, or the end of the bull run (started on March 9, 2009, and now up 308%)," Silverblatt said in a note late Friday.

See that you are not alarmed, for this must take place, but the end is not yet.

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