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Friday, February 9, 2018

Wall Street volatility persists after market enters a ‘correction’

The New York Stock Exchange has had a volatile week.
AP Photo/Richard Drew
Stocks struggled to stabilize Friday as investors sent prices climbing, then slumping in unsteady trading a day 1 per cent at the open and then briefly turning negative, as the market entered its first correction in two years.
The up-and-down swings came a day after the market entered a correction, or a drop of 10 per cent from a recent peak. Major U.S. indexes set their latest record highs just two weeks ago.
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