Some of Wall Street’s biggest names are licking their wounds as October lives up to its reputation as one of the market’s roughest months. The Standard & Poor’s 500 index has now lost almost 8 percent in the past three-and-a-half weeks , wiping out almost all of the gains achieved earlier in 2014. What seemed like another good year for investors in U.S. Treasuries, and the risks of big investment losses have risen dramatically.
Published in TZ Latest News 15 October, 2014 by The TZ Newswire Staff
Top investors, strategists take pummeling in Wall St sell-off
Published in TZ Latest News 15 October, 2014 by The TZ Newswire Staff
Top investors, strategists take pummeling in Wall St sell-off
Some of Wall Street’s biggest names are licking their wounds as October lives up to its reputation as one of the market’s roughest months. The Standard & Poor’s 500 index has now lost almost 8 percent in the past three-and-a-half weeks , wiping out almost all of the gains achieved earlier in 2014. What seemed like another good year for investors in U.S. Treasuries, and the risks of big investment losses have risen dramatically.