The Dow is plunging and Nasdaq nears correction because stock-market investors don't see a Christmas cavalry coming to the rescue

There is a pervading sense on Wall Street that there may be little this week to counter an onslaught of selling ahead of Christmas.

Check out: These are the big levels to watch for the S&P 500 and Nasdaq. Expect ‘wild trade,’ if they break, warns this strategist. Read: Cathie Wood says stocks have corrected into ‘deep value territory’ and won’t let benchmarks ‘hold our strategies hostage’ “With omicron fears taking hold, coupled with the Fed distancing from their accommodative stance last week, we’re looking at a potential recipe for volatility,” wrote Chris Larkin, managing director trading at E-Trade Financial, in emailed commentary.

Plunging? Media sucks.

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Dow futures slide more than 250 points as market worries mountU.S. stock-index futures fell Sunday night, following a losing week on Wall Street amid worries about Fed policy and the fast-spreading omicron variant of... ...or not Considering it went up over 1000 points in 2 days because Omicron was mild and like a cold 300 points is nothing
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »

Dow futures slide 250 points as market worries mountU.S. stock-index futures fell Sunday night, following a losing week on Wall Street amid worries about Fed policy and the fast-spreading omicron variant of... It’s gg tomorrow. Blame it on JoeManchin. Can I please get a synonym for the word ‘mount’
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »