Start the conversation
When the 2015 trading year came to a close last week, U.S. stocks posted their first annual loss since 2008. Granted, the 2.2% loss the Dow Jones Industrial Average posted for 2015 was nowhere near the freefall of more than 30% that U.S. blue chips experienced seven years ago. But it was still unsettling to see the long-running bull market stumble.
And that uncertain feeling was dramatically exacerbated today, when the Dow opened the New Year by plunging as much as 450 points, or 2.5% - meaning the widely followed index was on pace for its worst opening day of trading since 1932... when the United States was in the bowels of the Great Depression.
This is premium content for Private Briefing subscribers only.