US Stock Market sinks to worst day since April but S&P 500 near all-time high, Wall Street analysts see echoes of 25-year-old event
JPMorgan Chase CEO Jamie Dimon, in a BBC interview on Wednesday, warned of a heightened risk of a significant Wall Street correction within the next six months to two years."With equities at high valuations, this selloff is a sign of jitters," said Gene Goldman, chief investment officer at Cetera Investment Management. "Everything is priced for perfection, so the uncertainty increases market jitters. All of this adds uncertainty to economic growth."Stocks had been heading for a slight gain in the morning, ...