U.S. stocks are on pace to close a volatile January in the red, after posting the best yearly gain in 16 years.
The S&P 500 settled at 1,774.20 on Wednesday, down 4 percent for the month, on track for its first January loss since 2009, and the largest monthly decrease in eight months. Similarly, the Dow is off by 5 percent this year, while the Nasdaq has fallen 3 percent.
As January goes, so goes the year?
