Market Views: Responding to the October selloff

After rallying steadily through much of 2018, US stock markets took a hit in October with several key indices seeing their year-to-date gains wiped out, at least temporarily. Both the S&P 500 and Dow Jones Industrial Average (DJIA) posted 8% falls over the month, while the technology-heavy Nasdaq Composite lost more than 9% as investors were spooked ahead of Halloween by disappointing results from the likes of Amazon and Google parent Alphabet. Asian markets were not immune …