Economics
U.S. Stocks Follow 2014 Lead With January Retreat
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U.S. equities stumbled out of the gates in 2015 in a performance reminiscent of the start of 2014.
The Standard & Poor’s 500 Index ended its worst month since that previous January, falling from a record level after an 11 percent annual gain, as concern mounted that slowing growth overseas will hurt the American economy at the same time that the plunge in crude and the stronger dollar have shown signs of eroding corporate profits. A year ago, the S&P 500 tumbled after a 30 percent annual rally sent stocks to all-time highs.