Whiplash in stock market shows investors are still on edge

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Akane Otani, The Wall Street Journal
Investors place the blame for the market’s malaise on a difficult economic environment. (Photo: Reuters)Premium
Investors place the blame for the market’s malaise on a difficult economic environment. (Photo: Reuters)

Classic bear-market rally sees beaten-down stocks bouncing higher, only to resume selling off

Stocks slumped most of last week. Then they unexpectedly surged Thursday, only to tumble again Friday.