- S&P sees fastest four-day drop in its history following record
- ​U.S. equity benchmark down more than 7% in past four days
Stocks are bouncing back from two sessions in which the selling bordered on the historic. However long it lasts, the snapback is welcome relief considering the velocity of the downdraft through Tuesday.
“Investors are saying, ‘OK, we have gotten a correction done, we’ve traded off the headlines. Now let’s wait and see where the facts come in,’” said Chris Gaffney, president of world markets at TIAA.
Vildana Hajric & Luke Kawa | Bloomberg