Summer vacation is over for markets. Investors who had bet heavily on calm seas ahead were jolted Friday as prices of stocks, bonds, oil and gold all slid amid mounting concerns over the willingness and ability of central banks to prop up markets. Before Friday’s rout, in which the S&P 500 fell by 2.5%, the broad stock index hadn’t dropped by more than 1% for 52 consecutive trading sessions. Oil and gold prices both had...

Source: Wall Street Journal September 11, 2016 22:07 UTC