World's economies grow in sync, but US and Europe lag behind
Oct 20, 2017
4 minutes
In a coincidence that some might call Halloween-eerie, Wall Street reached two milestones this week:
• On Wednesday, the widely watched Dow Jones Industrial Average surpassed 23,000 points for the first time, the third-fastest rise of 1,000 points amid the second-longest bull run in its history.
• On Thursday, US investors marked the 30-year anniversary of the worst one-day collapse in the Dow’s history, when the stock market in a single session lost more than a quarter of its value.
Market analysts used the second milestone as a warning to investors enthralled with the first. Don’t get so self-assured about the good times, they warned, that you don’t prepare for
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