US Stocks Turn Higher After Big Slump Monday 2/4/14
February 4, 2014
NEW YORK — Stocks have been moderately higher so far today, a day after posting their worst losses in months.
But lingering concerns over the U.S. economy and emerging markets are keeping investors jittery in the U.S. and overseas.
Some analysts believe the turmoil in financial markets in recent days is a long-overdue correction that will eventually bottom out. But others think it will last longer, partly because the Federal Reserve is reducing its stimulus effort.