Panic-like behavior was starting to set in on Wall Street on Thursday, at least from a technical perspective, as the Dow industrials shed all of the previous day’s gain, and then some.
Trading in New York Stock Exchange-listed stocks at midday Thursday exhibited panic-like-selling action as bullish investors suffered a powerful reversal of fortune that appeared to be gathering steam in the wake of the Fed’s early-May policy meeting, adding to a bruising stretch for buyers, sparked by concerns about rates.
The reading comes as the Dow Jones Industrial Average DJIA, -2.82% was off 3.1%, or over 1,050 points, at 33,027, looking at its sharpest one-day fall since 2020; the S&P 500 index SPX, -3.23% was off 3.4% at around 4,150; and the Nasdaq Composite Index COMP, -4.65% was trading 4.7% lower at 12,365.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Dow ends over 900 points higher as Fed's Powell sparks relief rallyU.S. stocks closed sharply higher Wednesday, jumping as Federal Reserve Chair Jerome Powell delivered remarks following the conclusion of the Fed's two-day policy meeting. The DJIA ended around 932 points higher, or 2.8%.
Consulte Mais informação »
Pink Says Her Panic Attack Symptoms Used to Land Her in the Hospital“I’d never been taught how to take care of myself.”
Consulte Mais informação »
Dow Jones Technical Analysis: Continuing Daily DeclineThe Dow Jones index has been trading at fluctuating levels for several weeks but continues its daily decline since late last April.
Consulte Mais informação »
The Right Is Trying to Launch a Moral Panic About Megan Fox and Machine Gun KellyNo, they are not trying to convert the youth of America to Satanism by drinking each other’s blood — they’re just Hot Topic-core weirdos
Consulte Mais informação »
Dow Plunges 900 Points, Tech Shares Crater As Stocks Erase Gains From Post-Fed RallyDespite a post-Fed rally a day earlier, the ongoing market sell-off continued with a vengeance on Thursday.
Consulte Mais informação »