4 Things to Watch Out for as Markets Bite Back

Financial markets around the world have been lurching around on a roller coaster over the past couple of weeks, but in few places has the ride been as stomach-churning as in India. On May 22, India's Sensex stock index plunged 10% in just two hours, triggering an automatic halt in trading, vaporizing more than $35 billion in wealth and sparking nationwide calls for calm. "My advice to retail investors is to stay in the market," pleaded Finance Minister P. Chidambaram. Those who did were rewarded in the following days as share prices rebounded, but at the end of a turbulent week,...