Wall Street is as baffled by stocks as ever

While this episode may lack the pandemic’s shock, it makes up for it in the sheer number of cross-currents.

That big of a divergence has prevailed only one other time in the past decade at this time of year: just after the tumultuous selloff of March 2020. Meanwhile, once-sleepy companies like Walmart Inc suddenly went wild, and consumer staples plunged more than 8%, defying the industry’s reputation as a haven during market turmoil.

All round weird

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

As bear market looms, battered Wall Street seeks elusive ‘Fed put’NEW YORK, May 21 — The Federal Reserve’s determination to raise interest rates until it squashes the highest inflation in decades is darkening the outlook across Wall Street,...
مصدر: malaymail - 🏆 1. / 86 اقرأ أكثر »

As bear market looms, battered Wall Street seeks elusive ‘Fed put’NEW YORK, May 21 — The Federal Reserve’s determination to raise interest rates until it squashes the highest inflation in decades is darkening the outlook across Wall Street,...
مصدر: malaymail - 🏆 1. / 86 اقرأ أكثر »