
The concern is that those investors might move at least some of their money elsewhere after New Yearโs Day. Something similar happened at the start of 2014, when the Dow fell 7.3% in January and early February. Bad weather hurt stocks then, too, but January usually is a strong month as retirement money flows into the market.
After stumbling at the start of this year, the Dow rose to a record high in April. Since then, the giant-company index has stumbled three more times but then recovered faster each time. Last weekโs rebound was so sharp that you could carve a holiday turkey with it.