
The Dow and the S&P 500 to their worst monthly performances since May 2012 have not gone away. The retreat from emerging markets – and stocks in general – appears to have more room to run as the factors that helped propel the market to record highs in mid-January aren’t providing enough support.
The S&P 500 lost 3.6 percent – marking their worst monthly percentage declines since May 2012. The Nasdaq fell 1.7 percent in January, its worst month since October 2012.
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