The roller coaster ride on Wall Street ended Tuesday, with stocks making-up some of their losses from the record point drop the day before.
After impressive stock market gains over the past year, investors may be questioning what all of this could mean.
Financial advisor Dan Ament from Morgan Stanley in Wayzata joined KARE 11 Sunrise Wednesday to help put things into perspective.
What caused the market move?
- Rising interest rate worries
- Technical factors with The S&P 500
- Investor sentiment. The move in the last few days appears largely sentiment and positioning driven rather than deterioration in fundamentals as economic and earnings data remain supportive.
So what's the bottom line for investors? Remain unemotional.