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Five Stories to Watch in the Stock Market Today, Jan. 27:
- The Global Sell-Off Continues: Global markets fell again on Monday. Turmoil continues to spread through Argentina, India, Brazil, and Turkey amid a selloff in developing-market currencies. This complements a growing concern over a Chinese credit crunch. The Chicago Board Options Exchange Emerging Markets ETF Volatility Index spiked 40% last week, the single largest weekly increase since September 2011, according to Bloomberg. The Volatility S&P 500(VIX) is now up more than 47% in the past 30 days amid concerns of global turmoil ripping across emerging markets.