A whipsaw trading day that saw the major indices flip back and forth between big gains and steep losses ended with a booming rally and a sigh of relief across Wall Street.
What Happened in the Stock Market Today?
The Dow, which opened Tuesday, Feb. 6, down by 261 points, eventually rebounded for a 2.3% gain to close at 24,912. That 567-point recovery offers investors at least a little respite -- and a moment to think about the all-important bigger picture.
The bull market may have been shaken, but it's still intact, and it's still sitting on a stable foundation. Nothing about the past few trading days has changed the fact that the economy is healthy. Investors should take a few minutes to look at the list of positive indicators signaling America's economic strength -- they'll find there are few reasons to sell. In fact, one market expert even says that's a reason to get bullish on commodities again.
From just $107.88 $24.99 for Kiplinger Personal Finance
Be a smarter, better informed investor.
Sign up for Kiplinger’s Free Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
That doesn't mean stock volatility is about to simply disappear. Stocks still are overpriced compared to historical averages, and the potential for the bond market to continue sliding hasn't been put to bed. If nothing else, we could be in for a riskier stretch compared to the all-time-low volatility we saw in 2017. The return to higher market volatility can be especially worrisome for retirement savers. Here are several tips to safeguard what you've already socked away in your nest egg.
-
The 'Vinyl Rule' of Retirement: Plan for Two Sides in Your Next ActBecause “Life is what happens when you’re busy making other plans.”
-
Five Destinations for Active and Chill Travelers AlikeWhether you reach for a paddleboard or a lounge chair, find your groove in a location that offers something for both kinds of travelers.
-
If You'd Put $1,000 Into Sherwin-Williams Stock 20 Years Ago, Here's What You'd Have TodaySherwin-Williams stock has clobbered the broader market by a wide margin for a long time.
-
If You'd Put $1,000 Into UnitedHealth Group Stock 20 Years Ago, Here's What You'd Have TodayUNH stock was a massive market beater for ages — until it wasn't.
-
What Tariffs Mean for Your Sector ExposureNew, higher and changing tariffs will ripple through the economy and into share prices for many quarters to come.
-
How to Invest for a Fall Interest Rate Cut by the FedA lot can happen between now and then, but the probability the Fed cuts interest rates in September is back above 80%.
-
Are Buffett and Berkshire About to Bail on Kraft Heinz Stock?Warren Buffett and Berkshire Hathaway own a lot of Kraft Heinz stock, so what happens when they decide to sell KHC?
-
How the Stock Market Performed in the First 6 Months of Trump's Second TermSix months after President Donald Trump's inauguration, take a look at how the stock market has performed.
-
If You'd Put $1,000 Into Berkshire Hathaway Stock 20 Years Ago, Here's What You'd Have TodayBerkshire Hathaway is a long-time market beater, but the easy money in BRK.B has already been made.
-
If You'd Put $1,000 Into Procter & Gamble Stock 20 Years Ago, Here's What You'd Have TodayProcter & Gamble stock is a dependable dividend grower, but a disappointing long-term holding.
