Signs of Junk Seepage in Biggest Weekly S&P 500 Drop Since March
- Companies with strong balance sheets held up better in week
- North Korea tension hit equity markets in broad downturn
Baird Strategist Says Stage Set for a Market Correction
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U.S. equity traders grown accustomed to docile markets were shaken awake as tension over North Korea escalated, sending the S&P 500 to the largest weekly drop since March.
Those with an eye on the credit markets probably had an easier time navigating the carnage.