Get Ready for a Wild Week on Wall Street

Traders work on the floor of the New York Stock Exchange on Jan. 24 Photograph by Jin Lee/Bloomberg

So far 2014 has reminded investors that the stock market can move in directions other than up. After surging through all of 2013—right past potential pitfalls such as the government shutdown and debt-ceiling deadline—with a 32.4 percent total return, the Standard & Poor’s 500-stock index has started the year with a loss of more than 3 percent. Indexes around the world have also fared badly: Japan’s Nikkei is down 7.9 percent, and the MSCI Emerging Markets index has suffered a loss of 5.3 percent.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.