The stock market has been on a tear this year, rising by more than 8% in 2016, but it has been buffeted by more recent lows.
“Stock market gains are often driven by the expansion of the stock sector,” said Neil Howe, chief market strategist at Wells Fargo.
“But there are also signs that investors are starting to question how much the markets are able to deliver on their promise of rapid growth.”
The stock market is not the only sector to be hit by turbulence in 2017.
As the calendar gets closer to the year, it is becoming harder for investors to predict the impact of a variety of economic and financial events, including a potential recession, a new election, or a government shutdown.
In recent years, there have been a few signs of the market taking a step back.
According to the Dow Jones Industrial Average, the S&P 500 fell 1.3% in December from a year ago.
But the Nasdaq composite index of leading stocks, which measures the broader market, rose 2.1% in January from a month earlier, thanks to a rise in global equities.
Last year, the Dow fell 7%, the S & P 500 fell 3.2%, and the Nasd gained 9.7%.
In addition, the Russell 2000 fell 3%, while the Russell 3000 rose 3.5%.