Pursuits
Stocks Post Worst January Since 2009
- Final-day rally softens blow, but equities damage already done
- Gauges of investor anxiety rise sharply amid global concerns
January Worst Month for S&P 500 Since August
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Maybe the best thing you can say about the worst January for stocks in seven years is that an excess of optimism won’t be a problem for equities in 2016.
Even with the Standard & Poor’s 500 Index’s rebound in the final two weeks, it wasn’t enough to reverse a selloff that at its lowest point erased $2.5 trillion from American shares. It could’ve been worse. After tumbling to a 21-month low, the benchmark ended the month with its biggest one-day rally since September to trim the monthly loss to 5.1 percent.