more-inWorld stocks clawed off two-month lows on Wednesday, though momentum was weak and U.S. futures suggested Wall Street could backslide again after rebounding from the biggest sell-off in six years. With the pivotal gauge of S&P 500 volatility, the VIX , opening at a relatively elevated 31%, equity markets are not out of the woods, especially in the United States, market watchers say. “People are still shaken after such a ferocious correction, especially as it came after a very long time. It is clear that there will be more volatility going forward,” said Salman Ahmed, chief investment strategist at Lombard Odier Investment Managers. “But that’s a healthy development so markets can focus on areas that are generally stronger.

Source: The Hindu February 07, 2018 16:41 UTC