February 2014 (Chinavestor) American and Chinese stocks closed out one of their worst month in more than a year in January. U.S. equities had a banner year in 2013 and a technical correction is inevitable, some may argue. We are not sure either if decline in January was a start of a general pull back or just a hiccup but we continue to ask investors to exercise caution.
The Dow Jones Industrial Average (INDEXDJX:.DJI) fell 4.5% in January. The Hang Seng Index (INDEXHANGSENG:.HSI) slid –5.6% while the China ADR Index, compiled by Chinavestor, declined –6.2%. Only mainland Chinese stocks did a little better, declining –3.6%.