Buckle up: Wall Street volatility is back with a vengeance
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October 26, 2018
NEW YORK (AP) — If you're an investor who was lulled to sleep by the stock market's calm, steady gains this summer, you're wide awake by now.
Stocks have swooned over the last three weeks as investors worried about a sea of troubles, including rising interest rates, the trade tensions between the U.S. and China and slowing economies outside the U.S. All of which could impair profit growth for U.S. companies.
As of Thursday, the S&P 500 index had plunged 7.5 percent in about three weeks, with two separate six-day losing streaks. It hadn't had a streak of losses that long since right before the...
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