S&P 500 dips again after failing to reclaim 4600 level, now down more than 4.0% on the year By Frank_Macro SP500 Equities
US equities dipped again on Wednesday, with the S&P 500 failing to reclaim 4600 and down over 4.0% in 2022.US equity markets have been under modest selling pressure on Wednesday, with market commentators citing continued fears abouttightening and higher interest rates, but also describing the day as one of consolidation. The S&P 500 dropped about 0.
The S&P 500 GICS Financials sector was the underperformer, shedding about 1.1% as US yields pull back from recent highs and following recent downbeat earnings. In fairness, Q4 results from Morgan Stanley and Bank of America were better received, but not enough to turn the tide for the sector. Meanwhile, the easing in yields gave the recently battered tech sector some respite. Despite the recent upside in crudeLooking at the other major US indices, the Dow was down just over 0.
index or VIX hit fresh highs for the year just under 24.0, substantially up from this year’s starting levels in the 16.0s. The VIX remains well below its post-Omicron peaks near 36.0.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
S\u0026P 500 Forecast: Testing Major Trend Line AgainThe S\u0026P 500 sold off rather drastically on Tuesday to reach down below the 4600 level.
Lire la suite »
Weird black hole spewed star-forming jets 500 light years longBlack holes located in dwarf galaxies usually gobble up matter needed for forming stars, but now one has been seen seeding new stars through a huge plume of ionised gas
Lire la suite »
Eric Trump Invoked 5th Amendment 500 Times During 6-Hour DepositionLongtime Trump Organization CFO Allen Weisselberg refused a similar number of questions, citing his right to not self-incriminate.
Lire la suite »
4,600 ETH Worth $14.6M Reportedly Stolen From CryptoCom, Money Laundered via TornadoCashCryptoCom claims no user funds were lost, while another report says roughly $15 million were stolen during the hack.
Lire la suite »
Tesla Software Rival Calls Full Self-Driving 'Worst Software Ever Sold By A Fortune 500 Company' In NYT Ad | CarscoopsTesla Software Rival Calls Full Self-Driving 'Worst Software Ever Sold By A Fortune 500 Company' In NYT Ad | Carscoops carscoops
Lire la suite »
Stock-market warning signal: Here's what surging bond yields say about S&P 500 returns in next 6 monthsThe yield on the benchmark 10-year Treasury note saw the largest jump in the first 11 trading days of a new year since 1982, according to Dow Jones Market Data.
Lire la suite »