The “Charging Bull” statue at Bowling Green in New York’s Financial District.
Drew Angerer | Getty Images
The U.S. stock market is hitting choppy waters, again.
This week, U.S. indexes slid on concerns that the Federal Reserve would begin to taper its monthly bond purchases before the end of the year. The S&P 500 and Dow Jones Industrial Average suffered their second-straight day of losses Wednesday, with the Dow falling more than 380 points for its worst performance in more than a month.
Some analysts are concerned that the market could be in for a correction – meaning a slump of 10% or more – after the Dow and S&P 500 earlier this week rallied to record highs. Currently, the S&P 500 sits about 2% below its all-time high, and the Dow is about 2.5% below its own record.
Still, both indexes are up roughly 17% and 14% on the year, respectively, through Wednesday’s close.
While volatility can be troubling for investors, experts caution…