Stocks Suffer During Third-Quarter Sell-Off
But Morningstar analysts say some shares are still overvalued.
One day does not a quarter make--most of the time.
When future history books are written, September 11, 2001, will be--and should be--remembered for the senseless loss of life, not the stock-market plunge, that followed the terrorist attacks on the World Trade Center in New York and the Pentagon in Washington. Yet there's no denying the effect that September 11 had on the markets, with an estimated $2.2 trillion of U.S. stock wealth vanishing during the past quarter.
Craig Woker does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.