Stocks experienced their worst January since 2009 as U.S. equities (S&P 500) fell -5.0% while international equities (ACWI ex-U.S.) dropped -6.8% during the month. Global growth concerns (particularly in China), a continued decline in oil prices, and uncertainty in central bank action were believed to be the main drivers behind the weak start to 2016.
Volatility Continues as Stocks Decline to Start 2016
Stocks experienced their worst January since 2009 as U.S. equities (S&P 500) fell -5.0% while international equities (ACWI ex-U.S.) dropped -6.8% during the month. Global growth concerns (particularly in China), a continued decline in oil prices, and uncertainty in central bank action were believed to be the main drivers behind the weak start to 2016.