For the Dow, its 2.82% drop on Friday was its biggest one-day fall since October 2020.Exaggerated trading swings have become more common recently, as traders adjust to new data points from earnings, as well as when rates will rise again. For the Nasdaq, Friday was the eighth session in April, out of 15 trading days this month, where the index either rose or fell by more than 2%.
"It's not very common, over the course of my time doing this job, for the market to move 2% in either direction and to think 'there's not too much to read into that'," said Craig Erlam, senior market analyst at OANDA.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Tesla earnings 'strong,' but Wall Street 'not willing to bet on' latest robotaxi vehicleAfter Tesla reported record quarterly earnings, its stock rallied more than 7% Thursday. $TSLA has risen more than 41% in the past 12 months, compared with gains of around 7% for the S&P 500 index: We don't buy bitcoin We earn bitcoin from mining I'm ready to show 5 lucky people on how to earn 1 ($40,320) and more daily! No referral No withdrawal fees Interested people only Kindly send us a Dm Just wondering is a 211 P/E ratio good? I think Ford is 6. What does one bad quarter do to Tesla? Pfizer
Källa: MarketWatch - 🏆 3. / 97 Läs mer »
Stocks fall on Wall Street following Fed chief's commentsStocks shed early gains and ended broadly lower on Wall Street Thursday after the head of the Federal Reserve said the central bank needs to take more aggressive action to fight high inflation. In a panel discussion held by the International Monetary Fund, Fed Chair Jerome Powell said the Fed must move faster than it has previously to tackle inflation, which suggests sharp interest rate increases are likely in coming months. And if I had a stock portfolio, that might mean something to me.
Källa: AP - 🏆 728. / 51 Läs mer »
Stocks fall sharply as Wall Street nears third losing weekStocks are tumbling on Friday as the sharp, recent surge in interest rates keeps weighing on Wall Street
Källa: WOKVNews - 🏆 247. / 63 Läs mer »