5 Things to Do When the Stock Market Is Volatile
2020 has been a year that Wall Street and the investment community won't soon forget, and there are still more than 10 weeks to go.
The coronavirus disease 2019 (COVID-19) pandemic has spurred volatility in the stock market. In the first quarter, the benchmark S&P 500 (SNPINDEX: ^GSPC) shed 34% of its value in just 33 calendar days, with the CBOE Volatility Index registering its highest reading in history.
On the flip side, we also witnessed a ferocious snap-back rally in equities. It took less than five months for the widely followed S&P 500 to regain everything that was lost and even hit new highs. This is the quickest we've ever seen the stock market peak after touching a bear market low.
Source Fool.com
