From CNBC: Stunned
investors are now wondering whether the markets' big selloff was an
overreaction or a sign of more volatility to come. Global financial markets plunged Thursday
after the Federal Reserve roiled Wall Street by saying it could reduce its
aggressive economic stimulus program later this year. Concerns about China 's economy
heightened worries.
The global selling spree began in Asia and quickly spread to
Europe and then the U.S. ,
where the Dow Jones Industrial Average fell 353 points, wiping out six weeks of
gains. But the damage wasn't just in
stocks. Bond prices fell, and the yield on the benchmark 10-year Treasury note
rose to 2.42 percent, its highest level since August 2011, although still low
by historical standards. Oil and gold also slid….
You lived through it, now read all about it at http://www.cnbc.com/id/100833913
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