[$$] Investor Shift Triggers Stock Market’s Wild Ride
A Friday bounceback couldn’t save U.S. stocks from their worst week since March, as investors reassessed the value of American companies in the face of a long-awaited rise in interest rates. Helping to fuel the week’s drop was a swift rise in U.S. government bond yields. Hundreds of billions of dollars have flowed into U.S. stocks as interest rates plumbed all-time lows.
Published:10/12/2018 7:16:58 PM