Assante Hydrostone’s blog and news updates.

The Big Picture: Market Struggles

Published on: March 9th, 2020

It has been almost 11 years since the equity markets bottomed out on March 9, 2009, at the height of the financial crisis. Investors were recently provided with a reminder of those turbulent days. On February 24, 2020, the Dow Jones Industrial Average (DJIA) dropped 1,031.6 points (3.6%). This was the first time it had fallen more than 1,000 points in over two years. During the same trading session, the broader S&P 500 tumbled 3.4% while, domestically, the S&P/TSX dipped a more modest 1.6%. These markets have all seen heavy follow-up selling, as nervous shareholders have headed for the sidelines. Read more.

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