The first trading day of 2016 had not shortage of headlines, from a plummeting Chinese stock market to GM’s investment in Uber rival Lyft and the severing of relations between Saudi Arabia and Iran. But is that any reason for U.S. stocks to plunge more than 2.5% (as they did before bouncing off their lows)?
As an investor, the news flow driving day-to-day gyrations in the market should be taken as interesting reading rather than a reason to make or change strategy.