‘Market Jitters’ Send S&P 500 Back Into Correction Territory, Dow Plunges 600 Points

  • 📰 Forbes
  • ⏱ Reading Time:
  • 58 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 53%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Stocks plunge amid surging market volatility as investors remain nervous about surging rates and await clues from the Federal Reserve on how the central bank will deal with inflation

Stocks plunged on Tuesday amid surging market volatility—a day after the three major indexes mounted an historic comeback from steep losses—as investors remain nervous about surging rates and await clues from the Federal Reserve on how the central bank will deal with inflation.... [+]The Dow Jones Industrial Average fell 1.8%, over 600 points, while the S&P 500 lost 2.3% and the Nasdaq Composite 2.7%.

The S&P 500, which briefly hit correction territory on Monday—down 10% from its record high at the start of 2022—fell back below that level on Tuesday amid mounting losses. Government bond yields like the U.S. 10-year Treasury note rose on Tuesday, putting added pressure on hard-hit tech stocks as investors focus on the Fed meeting and ongoing geopolitical tensions between Russia and Ukraine.

Investors remain jittery as they await results from the Federal Reserve’s two-day policy meeting which kicked off on Tuesday, as the central bank cuts back on stimulus and prepares to raise interest rates in a bid to control surging inflation. Wall Street’s preferred fear gauge—the CBOE Volatility Index —surged nearly 20% on Tuesday, a day after it briefly hit its highest level in nearly 12 months.The market is on pace for its worst month since March 2020, when the U.S. economy fell into a recession during coronavirus pandemic shutdowns. All three major indexes are off to a dismal start this year. The S&P 500 is likely to fall back into correction territory on Tuesday, down more than 10% from its record high on January 3, 2022.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 394. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

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

Stocks climb back after steep slide on Fed, Ukraine jittersStocks finished a volatile day slightly higher on Monday after reversing a steep slide caused by uncertainty over inflation-fighting measures from the Federal Reserve and the possibility of conflict between Russia and Ukraine. A late-day buying spree pushed the benchmark S&P 500 index to a 0.3% gain after pulling it out of so-called correction territory — a drop of 10% or more from its recent high. “We’re in this wait-and-see mode, which is almost the most uncomfortable place to be, so I think the market is really grappling with that,” said Lindsey Bell, chief markets and money strategist at Ally Invest. The stock market is not the economy.
출처: YahooNews - 🏆 380. / 59 더 많은 것을 읽으십시오 »