The few weeks leading to President Donald Trump’s inauguration were the merriest for investors. A lot of money piled into the stock market, which saw the broad market index gain 2.74% in the last week of the inauguration. But all of that happened to be an ephemeral episode.
The S&P 500 has been down 4.13% in the past five days, and this is not the only index in red this week. The tech-heavy Nasdaq composite has pulled back 6.86% in the past five days, and so has the Dow, although it has a smaller margin of 1.31%. In fact, all of the indices are on pace for their worst week this year,...
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