S&P 500 slides as traders brace for a busy week of earnings, Fed rate decision

Carvana shares paused for volatility amid nearly 30% jumpwere briefly halted Monday morning amid a 28% surge in the stock price. The stock was paused from about 9:45 a.m. ET until 9:50 a.m. ET according to Nasdaq Trader.The surge could be due to a short squeeze, or when traders betting against the company are forced to sell to cover their losses, sending shares higher.

"So rather than being the dismal start, H1 could in fact turn out to be a period of 'easy gains,'" wrote Max Kettner, chief multi-asset strategist at HSBC Bank. "For H1 this all creates the perfect backdrop for a temporary goldilocks period – something our machine learning models agree with," Kettner wrote.The Dow Jones Industrial Average slipped 83 points, or about 0.3%. S&P 500 fell 0.6%, and the Nasdaq Composite dropped by 1%.to buy from hold, noting it was worth buying after the electric vehicle maker cut prices and saw shares tumble in recent months.

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Dow futures tick lower as investors brace for Fed, earnings By Investing.com⚠️BREAKING: *U.S. STOCK FUTURES POINT TO SHARPLY LOWER OPEN AS WALL STREET BRACES FOR FED RATE HIKE, BIG TECH EARNINGS $DIA $SPY $QQQ 🇺🇸🇺🇸 Shit show
Source: Investingcom - 🏆 450. / 53 Read more »

U.S. stocks open lower as investors brace for Fed meeting, earnings delugeU.S. stocks opened lower on Monday as traders took profits before the Federal Reserve is expected to hike interest rates by 25 basis points. The Dow Jones Industrial Average retreated by 75 points, or 0.2%, to 33,903:
Source: MarketWatch - 🏆 3. / 97 Read more »

Stock futures are little changed ahead of busy week of earnings, Fed meetingEarnings reports from Big Tech giants including Apple and the a possible Fed rate hike will test Wall Street's January rally. I have been following up Victoria E Morgan in trading, crypto, stocks and forex and she's been giving out good setups and analysis for a profitable trade ,her signals 99% guaranteed with her guidance I was able to get 10k in one day with good risk management WhatsApp+447378509930
Source: CNBC - 🏆 12. / 72 Read more »

Apple, Amazon earnings, jobs data and Fed decision top week aheadThe Fed's February meeting as well as earnings from automakers, oil companies and tech companies, including the biggie, Apple, will steer financial markets this week.
Source: FoxBusiness - 🏆 458. / 53 Read more »

Dow futures drop 200 points as Fed decision, tech earnings awaitU.S. stock futures slumped on Monday to kick off a big week that features a Federal Reserve interest-rate decision, a jobs report and several key...
Source: MarketWatch - 🏆 3. / 97 Read more »

Stock market news today: Investors await Fed and mega-cap tech earningsUS stocks slide as investors turn focus to Fed meeting and brace for mega-cap tech earnings Not my kind of investing, don't follow every whim real investing is for the long haul
Source: BusinessInsider - 🏆 729. / 51 Read more »