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Stock market rallies are best time to prep your 401(k) for next downturn [USA TODAY]
Last intl business machines corp earnings: 4/16 04:05 pm
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Skip in Skip x Embed x Share CLOSE Financials and tech stocks like IBM boosted the markets on the 30th anniversary of Black Monday. Fred Katayama reports.
Video provided by Reuters Newslook A video board display's the day's closing number of the Dow Jones industrial average at the New York Stock Exchange on Oct. 18, 2017. The Dow surged to a record, easily topping 23,000. (Photo: BRYAN R. SMITH, AFP/Getty Images) CONNECT TWEET LINKEDIN COMMENT EMAIL MORE Is your 401(k) built to last when the next stock market downturn hits? Now — when times are good on Wall Street — might be the right time to find out. U.S. stocks are up about 15% this year and hovering near record highs. Investment pros see few immediate threats on the horizon. Economies around the globe are strengthening. Corporate profits are solid. The market is calm. Fear is low. And panic is absent. As a result, investors' emotions are in check. And
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