Stocks slid on Tuesday as rising political fears in Argentina and Italy, ongoing protests in Hong Kong, and a growth warning from Singapore spurred investors to flee from riskier assets. "You can take your pick from the smorgasbord of risks facing the world right now," said Neil Wilson, chief market analyst for Markets.com. View Markets Insider's homepage for more stories.
Stocks slid on Tuesday as rising political fears in Argentina and Italy, ongoing protests in Hong Kong, and a growth warning from Singapore spurred investors to flee from riskier assets. "You can take your pick from the smorgasbord of risks facing the world right now," said Neil Wilson, chief market analyst for Markets.com. View Markets Insider's homepage for more stories.
Actually stocks prices are labile for the usual reason: With any excuse to bid down prices significantly the guys with the money pull the trigger in unison knowing within a day or two of 3 down days they will take major profits.