A return to stock market volatility.(Business)

0 Comments | Daily Herald (Arlington Heights, IL), July, 2007 | by Comerford, Michael Sean

Byline: Michael Sean Comerford Daily Herald Business Writer mcomerford@@dailyherald.com The Dow Jones industrial index roiled in negative territory again Friday, falling more than 100 points in the final half hour, ending down 208 points. Friday's stock market performance capped a negative and volatile week of trading, and local financial experts say there could be more to come.

"We're returning to the volatility we had in the 1990s," said Diane Swonk, chief economist at Chicago-based Mesirow Financial. "The reality of risk is finally returning to the market." The S&P 500 lost 23.71, or 1.6 percent, to 1458.95 on Friday. The Dow Jones industrial average retreated 208.10, or 1.5 percent, to 13,265.47. Some analysts credit the downward pressure on...