U.S. stock rally faces major test as China virus spreads

April Joyner | January 27, 2020

U.S. stock rally faces major test as China virus spreads
The latest rally in U.S. stocks is facing a serious test, as the S&P 500 heads toward its worst loss in months on concerns over how the coronavirus will impact the global economy. So far, the selling has been measured, with most investors confident that the U.S. economy remains in good shape and the Federal Reserve stands ready to provide stimulus if the economic situation deteriorates. Still, worries have grown that months of placid trading may have left stocks primed for an upsurge of volatility. “Markets hate uncertainty, and the coronavirus is the ultimate uncertainty,” said Alec Young, managing director of global markets research, FTSE Russell, New York. “With the markets overbought to begin with, this is now a sell first, ask questions later situation.”

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But even though the stock market can be very rewarding, it is important to make sure you invest your money wisely. Making a wrong move could be very costly, so it is important to follow the 10 commandments of investing in the stock market.


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Spotlight

But even though the stock market can be very rewarding, it is important to make sure you invest your money wisely. Making a wrong move could be very costly, so it is important to follow the 10 commandments of investing in the stock market.

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