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Putting This Week’s Volatility Into Perspective

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The relative calm the market has enjoyed over the past couple of years was interrupted this week. Our benchmark, the iShares Dow Jones U.S. Index ETF (IYY), rose or fell by at least 1.5% on three consecutive days. This was the first time the fund has changed in value by 1.5% or more on three consecutive trading days since November 2011.

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