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Top investors, strategists take pummeling in Wall Street sell-off

from Reuters via Chicago Tribune

Some of Wall Street's top names are licking their wounds as October lives up to its reputation as one of the market's roughest months. The Standard & Poor's 500 index has now lost almost 8 percent in the past three-and-a-half weeks , wiping out almost all of the gains achieved earlier in 2014. What seemed like another good year for investors in U.S. equities is now fraught with uncertainty, with $1.3 trillion in S&P companies' market value disappearing. more


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