Major U.S. stock indexes have dropped between 6% and 13% in January, through Wednesday, with some investor favorites during the pandemic—including Covid-19 vaccine maker Moderna Inc., Peloton Interactive Inc. and Netflix Inc.
—falling around two or three times as much. Wall Street’s fear gauge, the Cboe Volatility Index of expected market swings, has nearly doubled this year. Some well-known hedge funds are down 10% or more, said people familiar with the results.
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:
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
5 Things to Know Before the Stock Market Opens WednesdayDow futures jumped Wednesday as Wall Street waits to hear from the Fed in the afternoon at the end of its two-day January meeting.
Source: nbcchicago - 🏆 545. / 51 Read more »
The Data Point: What’s a stock market correction?The stock market has been bumpy in January, causing Google searches to spike for the term “market correction.” So what is a market correction, and is it the same as a market crash? Why are you not mentioning the current correction in the NASDAQ.?
Source: NBCNews - 🏆 10. / 86 Read more »
5 Things to Know Before the Stock Market Opens ThursdayDow futures flipped positive and negative Thursday after falling more than 500 points overnight as the market’s recent volatility persisted.
Source: NBCDFW - 🏆 288. / 63 Read more »
The Stock Market Is So Volatile That One European Tech Firm Has Cancelled Its IPODutch file-sharing company WeTransfer says it has cancelled plans for an initial public offering due to “volatile market conditions.”
Source: NBCDFW - 🏆 288. / 63 Read more »