After a decadelong bull run, the year was marked by the return of extreme market volatility. Investors weathered two 1,000-point drops in the Dow in a single week in February, only to see shares later rise and then fall again. Facebook, Google and other Silicon Valley giants were hit by data breaches and other missteps, but faced broader headwinds like all stocks: the trade war, rising interest rates and fear the economic expansion was waning. Heading into Christmas, the market recorded its worst week in seven years, edging into bear territory — then sprang back with its best day since 2009.
Source: latimes.com – Los Angeles Times