Stock Market Rout: Here’s What Caused The Worst Sell-Off Since March

  • 📰 Forbes
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 53%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Here’s what caused the worst sell-off since March: by skleb1234

on the economy: A day earlier, the Central Bank forecasted a long recovery, with unemployment set to remain high for years and interest rates staying near zero until at least 2022.

CNBC. “Just that reminder combined with a lot of the second wave headlines prompted an opportunity to take profits… stocks can’t go up forever.” : Investors are now dumping stocks that would benefit from a reopening—including airlines, retailers and cruise operators—after they led the market rally over the past month.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

A surging stock market isn’t helping TrumpAs Biden's lead over Trump builds, investors seem to be saying fine with us. It will. Too early right now. Joe Biden isn’t helping himself... Umm ok.
Source: YahooNews - 🏆 380. / 59 Read more »

Stock Pickers Underperformed During Coronavirus Market TurmoilMost U.S. large-cap stock-picking funds underperformed the benchmark S&P 500 during the early months of 2020, losing out on opportunities
Source: WSJ - 🏆 98. / 63 Read more »

Stock market rally has created a 'dangerous environment' for investors, CEO saysMarkets are on a 'runaway tear' and have created a 'bubble-like environment' similar to the one seen in 2000, said David Sokulsky of Concentrated Leaders Fund. Gonna go back to microwaving my cereal starting today BREAKING WHO says coronavirus situation 'worsening' worldwide COVID19
Source: CNBC - 🏆 12. / 72 Read more »

Here's what happened to the stock market on WednesdayTraders continued to rotate out of stocks benefiting from the economic reopening and into mega-cap tech shares. FED BUY ALL , MORE STIMULES, BULLISH
Source: CNBC - 🏆 12. / 72 Read more »

Stock market live updates: Futures sharply lower, awaiting jobs data, second wave of cases?A conversation on the latest market-moving news. It’s called diversification lesion learned on MadMoneyOnCNBC SquawkStreet DowJones
Source: CNBC - 🏆 12. / 72 Read more »

Here's why Dan Niles is waiting to buy back in to the stock marketNew for subscribers: Here's why Dan Niles is waiting to buy back in to the stock market Check out CNBCPro for a free trial. Pro Privileged Pro I would wait at least 2 weeks before buying. Let’s see blood 🩸 on the streets !! Pro Didn't he say this when the S&P was 2500?
Source: CNBC - 🏆 12. / 72 Read more »