Market Turmoil Impacts Assets
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market slumpInsider
•Market mayhem has calmed down. Here's what went down — and why more chaos may be coming.
80% Informative
Some experts expect more pain for investors, while others say the sell-off was a blip.
Recession fears, the Japanese yen, valuations, and the Fed 's next move fueled the chaos.
The S&P 500 tanked 8% from its July 16 peak to trade below 5,200 points at Wednesday 's close.
Nobody knows for sure where markets are headed next, with Wall Street split over whether the US economy is solid or crumbling.
But trading in recent days shows that even the highest-flying assets can fall sharply when jittery investors get some bad news.
If the bears are right, there could be more of the same ahead.
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84
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85
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24
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