Monday's sharp slump in global equities was putting the S&P 500 index on the verge of sinking back into correction territory, defined by a fall of at least 10% from a recent peak. The S&P 500 index SPX, -2.00% at its low on Monday was off more than 2.6% at 3,229.10, with a fall beneath 3,222.76, representing a drop of 10% from the benchmark's Sept. 2 record peak. A decline there would see the broad-market benchmark join the technology-laden Nasdaq Composite Index COMP, -1.
27% in correction territory, which it achieved early this month. The broad selling on Wall Street came amid renewed worries about accelerating coronavirus cases in Europe and the possibility that the region could face fresh lockdowns to limit the spread of the global epidemic. Other factors also were weighing on U.S. stocks, including worries about a fight to replace Supreme Court Justice Ruth Bader Ginsburg, which political analysts believe could hurt prospects for further coronavirus stimulus.
yea take your money when you have it, waiting for your stocks to keep performing on the highest level everyday is pretty stupid
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La source: CNBC - 🏆 12. / 72 Lire la suite »
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La source: WSJ - 🏆 98. / 63 Lire la suite »
Stock picks to buy for growth to beat market, rival Big Tech: Goldman - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Mmmhmm as if GoldmanSachs is going to provide free stock market advice to 'the little people'.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »