Turbulence Continues

Last week, domestic markets had some of their worst performance in 10 years.  The S&P 500 lost 7.05%, the Dow declined 6.87%, and the NASDAQ dropped 8.36%.  All three indexes have now lost at least 8% in 2018.  On Friday, December 21, the NASDAQ entered a bear market, which means it’s at least 20% below its last record high.  Meanwhile, the S&P 500 and Dow both finished the week close to bear markets, too.  Internationally, stocks in the MSCI EAFE also struggled, posting a 2.67% weekly loss.

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