U.S. stock market erases $1.3 trillion in a week; What's next for investors?

For the most part, U.S. stocks were trading at a fever pitch throughout the first quarter of 2024, only to enter a deep and violent correction in April.Nowhere is this shift in trend more apparent than with the benchmark Dow Jones Industrial Average (DJIA) index, which – despite trading at record highs mere months ago – is now dangerously close to turning red in the year-to-date (YTD) chart.DJIA index YTD price chart. Source: GoogleStill, the most shocking moves – just as was the case during the rally – cam ...