Market Snapshot: Investors brace for volatility after Friday stock-market rout

Investors just got an unwelcome wake-up call.

After snoozing through most of August, the stock market roared back to life Friday as major indexes witnessed their worst plunge since the days following Brexit.

Following the S&P 500’s drop through key support levels, analysts expect more downside pressure in the week ahead as investors brace for the possibility that interest rates could be on the rise sooner than later.

“The weakness could continue given the stock market’s dependence on central bank generosity,” said Kristina Hooper, U.S. investment strategist at Allianz Global Investors.

The S&P 500 SPX, -2.45% closed at a two-month low, tumbling 53.49 points, or 2.5%, to 2,127.81.

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