Don't Panic: One Rough Day of Trading Won't Ruin 2016By
Little predictive value seen in first-day return of S&P 500
Global benchmarks tumble after China stocks lose 7%, close
On Jan 2, 2008, the first trading day of what would end up being the worst year for stocks in seven decades, more than $200 billion was wiped from U.S. share values as the Standard & Poor’s 500 Index lurched 1.4 percent. An exploitable signal for bears as markets melt down today? No.
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