Press Release
A Note on Market Volatility and KAR's Focus
December 20, 2018
Judging by stock market returns, this holiday season has been anything but cheerful.

Stocks have suffered wild bouts of volatility recently, with major stock indices fluctuating between new lows and short-lived recoveries. The S&P 500 Index is down 13.56% quarter-to-date through Wednesday, December 19, 2018, with the day closing on a downtick following the Federal Reserve’s decision to raise another quarter point in the benchmark interest rate while projecting a slower pace of rate hikes in the next year.

 

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