IPP Investment Commentary - 6th February 2018
Markets are back up after a tumultuous few days. Good times again and correction over?
The Dow fell 1,175 points or 4.6 percent last night, the most since 2011, bringing the drop from peak to 8.5 percent. The sell-off on Monday extended the decline of last Friday’s market rout and the Dow Jones closed at 24,345.75 points. Ironically, the sell-off of the market was sparked by positive jobs report on Friday and that should have drove the stock market higher. What happened?