By noon on Friday, the three leading stock indices were down more than 1.5%, following more overnight losses in Asia and Europe. The S&P 500 and the Nasdaq Composite were down more than 1.7%, while the Dow Jones Industrial Average (DJIA) was down 1.6%.
Stock market
crashes like these occur periodically and for a variety of reasons. Sometimes, the changes are related to excessive market valuations after a prolonged bull market.In other cases, they may be due to external events that exceed other fundamental factors that traditionally drive stock market performance. At Morgan Stanley, we lead with exceptional ideas. Our industry leaders provide insight into how to manage wealth and meet personal financial goals. We offer a detailed view of today's most critical issues, from volatility and geopolitics to economic trends and investment prospects. Everything is ready for disruption today, so stay up to date with the latest trends and developments. Our research, advisory and investment capabilities provide us with a broad and unique perspective on sustainability issues.
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