Kiplinger

Volatile Stock Market's 10% Correction Stokes Investor Fears

The Dow Jones industrial average plunged more than 1,000 points twice this week. More significantly, the Dow and Standard & Poor's 500-stock index have now each lost more than 10% from their all-time highs set just two weeks ago. The stock market is officially in a "correction."

Corrections are surprisingly commonplace, typically occurring about every two years. And as the word implies, the market is correcting its excessive previous rise. Stocks moved too high too fast, by this definition.

The crucial question for today's long-term investors, of course, is does the selling stop here or do we plunge

You’re reading a preview, subscribe to read more.

More from Kiplinger

Kiplinger2 min read
Stock Market Today: Dow Officially Enters a Bear Market After Monday's Slide
Selling in the stock market picked right back up Monday, and despite a brief mid-morning push into positive territory, the major indexes still ended lower.  "Despite a quiet global economic data front, this weekend and Monday morning have been anythi
Kiplinger2 min read
Stock Market Today: Stocks Go on Wild Ride as Fed Targets More Rate Hikes
Stocks spent most of Wednesday in positive territory, but went on a roller-coaster ride after the Federal Reserve, as expected, issued its third straight 75 basis point rate hike. The Fed's rate hike sparked plenty of chatter among Wall Street's expe
Kiplinger5 min read
Tired of Pricey Life Insurance Premiums? 4 Ways to Manage a Policy When You Retire
You’re getting ready to retire, and you’re thinking about your expenses. One expense you’d like to forgo is the premium you pay for the life insurance policy you bought decades ago. The question is: Are your only two options to pay the premiums or ca

Related Books & Audiobooks