Monday, 14 December 2015

Stocks fall, limited gains seen next year

Stock markets fell sharply last week.

The S&P 500 fell 3.8 percent, the STOXX Europe 600 fell 4 percent and the MSCI Asia Pacific Index fell 2 percent.

The decline last week left the S&P 500 down 2 percent for the year so far and analysts think that next year will be little better for stocks.

From WSJ's MoneyBeat blog:

Stock prognosticators by nature are an optimistic bunch, but not now.

Their forecasts for 2016 are downright gloomy, with many warning clients to expect more volatility and limited gains.

No comments:

Post a comment