Volatility Shakes Market: Top And Flop ETFs Over A Month
Zacks Investment Research | Sep 10, 2017 10:29PM ET
After touching a peak in early August, the going became tough for the U.S. stock market thanks to volatility and heightened uncertainty. Notably, the major benchmarks, namely the S&P 500 and the Dow Jones shed 0.5% and 1.1%, respectively, in the past one month.
The long list of woes started with escalating tensions between the United States and North Korea from word of war. Now, fears of a trade war are looming large with Trump threatening to put a ban on the countries that do business with the rogue regime.
Then, Hurricane Harvey, first major hurricane in the United States in more than a decade, caused large-scale flooding along the U.S. Gulf coast, affecting transport of people and food. The storm seems to be one of the costliest natural disasters in the history of the country. The devastation did not stop there given that a new hurricane named Irma landed on the islands of the northeast Caribbean early last week and hit Florida in the weekend (read: Original post
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