Photographer: Eric Thayer/Bloomberg

Brutal Upheavals Mount as S&P 500 Bull Market Ages

  • Outbursts since 2014 match those from previous 20 years
  • The rise of $200 billion vol control funds exacerbates swings

It wasn’t hard to sense the unease that gripped traders this summer as U.S. stocks meandered through their calmest period ever. As it turns out, they were right to be on edge.

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