Stock market regains some losses from beginning of yearFargo, N.D. (WDAY TV) -Wall Street saw a modest rebound today after a brutal start to 2014 for stockholders.
By: WDAY Staff Reports , WDAY
Fargo, N.D. (WDAY TV) -Wall Street saw a modest rebound today after a brutal start to 2014 for stockholders.
If you checked your retirement account lately, you know it’s been a tough month, and you’re not alone.
The typical American family’s nest egg is down almost six percent this year, meaning that an average retirement account of $100,000 lost $6,000 in January alone.
Aaron Tasky, Yahoo Finance: "the global economy is cooling off and definitely is not as strong as a lot of people thought as we ended last year so that's got people rethinking."
Analysts say a falloff in manufacturing and wintry weather keeping consumers indoors have been driving the markets down.
Financial experts say investors shouldn’t overreact even if their stocks take hits in the short run.