• MidCap and SmallCap indexes nose-dived. • US indices, including Nasdaq and S&P 500, shed 3.2% in two trading days due to Federal Reserve's interest rate hold.
Be cautious; book out where valuations have risen much above fundamental value; stagger entry at best during volatile times.
Heavy decline in Asian markets; Japan's Nikkei 225 and Topix slid up to 13%