If the top of the market is a point of peak optimism, then this month is an unlikely candidate. Investors were more nervous than they appeared even before the latest worries about U.S.-China trade negotiations. Both the S&P 500 and the Stoxx Europe 600 are down more than 2% over the past month, having reached all-time highs around the start of May. At first glance, the correction looks like the end of a powerful rush of optimism that drove markets in the first four months of 2019. In fact, it is just another expression...

Source: Wall Street Journal May 17, 2019 11:37 UTC