Asian Stocks to Resume Drop in Rollercoaster Trade: Markets Wrap

-- Stocks in Asia are set to resume declines following a frenzy of dip buying that fueled a rebound in most markets across the globe on Tuesday. US futures fell in early trading.Paris Spent €1.4 Billion to Clean Up the Seine. Has It Worked?

“The Fed worries about systemic risk in financial markets, not disappointed investors,” said David Donabedian at CIBC Private Wealth US. “Thus, the Fed is unlikely to change its course of action due to a stock market correction. Are we headed for a near term recession, or are markets overreacting? We believe slower growth is unfolding, not a recession.”The S&P 500 rose to 5,240. Nvidia Corp. jumped 3.8% to lead gains in chipmakers.

While such sharp declines in equity prices are concerning, historic data show “dips, pullbacks and corrections of 10% or more” are a normal and healthy part of any bull market, according to George Smith at LPL Financial. There have been 354 such days since 1928 when the S&P 500 was down 3% or more, and the average three-month, six month and one year forward returns are all higher than long-term averages, Smith at LPL noted.

“Get used to the volatility,” said Savita Subramanian at Bank of America Corp. “The best hedge is owning high quality stocks . Market tranches based on quality have a well-behaved relationship with the VIX - the highest quality stocks tend to outperform as the VIX rises while the lowest quality stocks tend to lag the most.”

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Stock market today: Asian stocks mostly fall, Euro drop on French election outcomeHONG KONG (AP) — Asian stocks mostly fell Monday, with the Euro dropping on the shock French election outcome, while U.S. stocks rose to more records Friday ...
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »

Wall Street 'fear gauge' jumps to three-month high as stocks resume slideWall Street's most watched gauge of investor anxiety jumped to a more than three-month high on Thursday as U.S. stocks fell sharply after a round of data on ...
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »

Asian Stocks Slump Most Since 2022 as Japan Selloff Deepens(Bloomberg) -- Asian stocks tumbled as sentiment was hit by a triple whammy of a Japan selloff, a global tech rout and weakness in the US economy. Most Read ...
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »

Asian Stocks to Echo US Decline as Bonds Rally: Markets Wrap(Bloomberg) -- Asian equities were primed for selling Friday following declines on Wall Street that reflected unease on the health of the US economy and sent...
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »

European Stocks Extend Drop Amid Tech Selloff Before Key US Data(Bloomberg) -- European stocks declined for a second day, joining a global selloff amid concerns over tech earnings and economic growth, with traders...
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »

Grim Milestones Flash Across Asian Stocks as Risk-Off Deepens(Bloomberg) -- Asian stocks tumbled at the start of a new week as fears of a deeper US economic slowdown and rising tensions in the Middle East prompted...
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »