Turbulence Continues
Last week, domestic markets had some of their worst performance in 10 years. [1] 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. [2] 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. [3] Internationally, stocks in the MSCI EAFE also struggled, posting a 2.67% weekly loss. [4]