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October 27, 2014

Market jolts are important, keep investors on their toes

  • Some believe that the slump changed the psychology of the market.
    • By STEVE ROTHWELL
    AP Markets Writer

    NEW YORK — Sometimes a little fear is healthy for stock investors.

    Almost two weeks ago, after a series of sharp sell-offs, the Standard & Poor's 500 index was down 7.4 percent from its September record as fears of a global economic slowdown intensified. Stocks surged back last week, thanks to strong corporate earnings, and on Friday the S&P 500 had its best gain in nearly two years.


     
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