Some Funds Offer Stability, But at a Price
New York — Freaked out by the stock market’s big swings? Then the investment industry has something it built just for you: funds that hope to offer a steadier ride. That sounds especially comforting after this year’s jarring start for markets, in which drops of more than 1 percent have become typical. But be careful, the funds carry their own risks. These mutual funds and exchange-traded funds own stocks that could charitably be...
Fears Rise That Plunging Stocks Could Pose Risk to Economy if volatility continues
Major U.S. stock indexes plummeted Friday after a worldwide sell-off overnight triggered by another slide in oil prices, raising concerns about possible spillover effects on the nation’s still-recovering economy. The Dow Jones industrial average closed down 391 points, or about 2.4 percent, to 15,988.08, a level it had not been at since August. The Dow was down more than 500 points before recovering somewhat. The Standard &...
SEC Report Sheds Light on Stock Market’s August ‘Flash Crash’
Washington — When fears of a slowdown in China sent U.S. stocks plummeting in late August, some of the market mechanisms meant to protect investors during times of volatility may have triggered even greater losses among exchange-traded funds, market regulators said in a report released last week. Some investors were surprised during the early minutes of stock trading on Aug. 24 when they noticed that many ETFs became worth much less...
