Moody's economist Mark Zandi has a message for investors: Brace for a significant market correction.
However, others eye a rebound following last week's drop as stocks futures rose on Monday.
Futures tied to the Dow Jones Industrial Average advanced 0.5% in a choppy trading session early Monday. By the Friday close, the blue-chip index had suffered its largest percentage decline since the week ended Oct. 30. Contracts linked to the S&P 500 edged up 0.4% Monday, while Nasdaq-100 futures rose 0.5%, pointing to gains in large technology stocks at the opening bell....