US stocks ended a five-day fall on Tuesday with the S&P 500 edging up 0.1 percent.
However, the recent declines have left analysts less optimistic about US stocks. From CNBC:
Wall Street's consensus view remains that the market will close higher in 2015, expected to bounce after testing the year lows, but some strategists say the odds are growing that the market will end the year with losses.
Emerging markets face bigger concerns.
Bloomberg reported that investors sold $40 billion of emerging market assets in the third quarter, the fastest pace since the height of the global financial crisis.
A report from the International Monetary Fund released on Tuesday showed that corporate debt of non-financial firms in emerging markets rose to more than $18 trillion in 2014 from $4 trillion in 2004.
The report said that the "upward trend in recent years naturally raises concerns" and that "emerging markets should be prepared for corporate distress and sporadic failures in the wake of monetary policy normalization in advanced economies".