This ‘Nasdaq whale’ may have helped trigger the stock-market’s brutal rout

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 97%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Was SoftBank to blame for last week's selloff?

The trigger for a seismic stock-market slump Thursday and Friday that has erased weeks of gains for a frothy U.S. stock market, may have been embattled investment firm SoftBank, according to a report by Financial Times .

The FT, quoted one investment banker as describing the options purchases that SoftBank made as “dangerous” bets on the market. On Thursday, the Dow Jones Industrial Average DJIA, -0.56% ended with a loss of 807.77 points, or 2.8%, at 28,292.73, after dropping more than 1,000 points at its session low. The S&P 500 index SPX, -0.81% closed 125.78 points lower, down 3.5%, at 3,455.06. The Nasdaq Composite COMP, -1.26% tumbled 598.34 points, or 5%, to end at 11,458.10. The declines marked the biggest one-day drops for all three indexes since June.

The Wall Street Journal wrote on Friday that SoftBank bought options tied to billions of dollars worth of individual tech stocks, which may have included bullish bets on Tesla TSLA, +2.78% and Apple AAPL, +0.06%.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

No, you have to blame a bunch of Robin Hood teenagers with $300 worth accounts, for a $4 billion tech bubble.

no no no. they’re an insignificant fraction of the names they’re in - let alone the market but the fake fear is welcomed. a great contrarian signal to power the market higher

Little bounce early next week, and then the big sell-off. Get ready

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 3. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Plunge in software, chip stocks just brought tech back in line with rest of the marketThe downturn in tech stocks Thursday and Friday may have been jarring, but the end effect was bringing overheated software and chip stocks back into line... It’s a temporary recoil, but my charts show that the bulls will triumph again! Don’t think so.
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »

Tesla could be the most dangerous stock on Wall Street, investment researcher saysTesla shares may be up 400% this year, but one investment researcher is sounding the alarm on the stock. Jesus Christ CNBC, what's next torches and pitch forks. Yeah, all hail the diesel guzzlers
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »

Stock market crash: BofA indicators say September meltdown may persist - 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.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »