'No place to hide': The stock market's sell-off has left investors scrambling for cover

US stocks are set to close out 2018 well off their highs, but each trampled sector's sell-off since the beginning of October has been quite different, according to a Wells Fargo analysis. The sell-off has been unlike other periods of market turbulence, such as February of this year and August 2015, a Wells Fargo equity derivatives strategist contends. Low stock correlation — individual stocks moving out of sync with one another, rather than in tandem — has been the primary reason for that,...