A Horror Week for the Dow Has Investors Begging for Trump Respite
- Stocks extend slump in afternoon trading as selling takes hold
- S&P 500 posts third dip of at least 5% in the past two months
Jim Paulsen Says This Is Still a Very Vulnerable Marketplace
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Spring has sprung -- just not in U.S. stocks, where a harrowing week has walloped traders with echoes of February’s correction.
In the past five years, there have been only two other stretches with losses of this magnitude. The S&P 500 Index is down 6 percent. And the picture looks just as bad for the Dow Jones Industrial Average, which sank to a four-month low by the Friday close. Both indexes suffered their steepest weekly drop in more than two years.