Wall Street Merry-Go-Round

A nerve-jangling week spins investors around in circles

Normally, summer on Wall Street brings a rise in the price of stocks and bonds. But this year has been different, leaving brokers and analysts totally befuddled as to whether the stock market might at any minute begin climbing to new highs or slumping to new lows. Last week the rattled and schizoid market seemed to be trying to do both. It was a nerve-testing five days of reversals and price swings that first stirred and then frustrated investor hopes for the market's much anticipated summertime...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!