Stocks suffer early losses, then recover – Q1/2014

U.S. stocks ended the first quarter of 2014 with only minimal changes, as a sell-off early in the quarter gave way to a recovery that more than offset previous losses in most cases. The decline was relatively brief and confined to a two-week stretch in late January and the beginning of February. A weak December 2013 employment report, concerns about emerging markets, and the Federal Reserve’s ongoing downsizing of its Quantitative Easing program (QE) were all factors weighing on share prices. Worries about emerging markets eased, however, and enabled stocks to embark on a recovery…
Read our First Quarter Newsletter for 2014.