Roller Coaster Day on Wall Street Monday: What’s Next?

U.S. stock indices had gone almost 1,000 days without a 10 percent decline from their recent peaks, an unusually long stretch given that corrections usually happen once a year on average.

After a full weekend to digest and mull over the economic positions all over the world, it seemed that investors had lost quite some hope when the market crashed as US equities began to get sold off at discounted rates all over the world. Japan’s Nikkei Index closed down more than 4.5 percent and the DAX Index in Germany and FTSE 100 in England are headed for similar drops. Ignore the market “vane’ Don’t let the direction of the securities markets dictate your investment strategy”.

“Even if [their funds] are allocated fairly aggressively, they realize this is a short-term correction they are going through”, he said.

The news wasn’t good from Wall Street Monday. The Dow Jones’ 52-week high was 18,351, so the 15,871.28 end-of-day value on Monday represents about a 13.5 percent drop.

Investors are concerned about the china’s crumbling economy but traders here at the New York Stock Exchange say today’s losses can be a unique opportunity. Jarvis said it’s natural to want to sell in these environments.

“If you are in the camp that depends on manufacturing or oil drilling, those areas are not going to do well”, Christopher said, adding that consumers will continue to see at least one obvious benefit: cheaper gas prices.

“Mostly retirement, because in a house, with equity and stuff, you can go to an apartment if you needed to, a condo or something small, but retirement is the money to have to survive until I pass”, Grey said. Since 2007, they were the life raft to the world economy.

He noted that the stock market has had several other dips in the past few years in reaction to worrisome economic and political developments, such as European monetary policy and the specter of a U.S. government shutdown.

China is well-known for purchasing commodities, such as oil and recyclables.

U.S. imports to China are relatively modest, about $123 billion previous year, but China has been a big buyer of commodities from emerging market countries. Don’t panic Know that the market had its share of declines and advances. “We’ve put a lot of people back to work”. “It’s basically wiped away months of gains in a matter of weeks”.

Making a change to your investment portfolio is one way to react when there’s a sudden change in the stock market – but is that the right thing to do?

On St. Paul’s Wall Street, stock market uncertainty was on minds of a crew that worked to patch the pavement.