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Business and Money

What you need to know to navigate the economy and your career. Edited by Terry Ponick

stock market correction, quadruple witching, Big Bad Bears

June market direction: Alarm bells ringing for US stocks, market averages?

WASHINGTON.  US stock markets were, in my view, an unmitigated disaster in May. After a great start to the year, nearly all 11 of the business-industrial sectors in the S&P 500 collectively dropped like a stone. Exceptions were, to some extent at least, consumer durables, utilities and – late in the game – real estate.  ...