Eerie Equity Calm Puts Wall Street on High Alert for Next Spark
Bloomberg 21 hrs ago Katie Greifeld and Lu Wang
(Bloomberg) The quietest week in stocks so far in 2021 has Wall Street wondering what will break the calm.
Popular Searches
Equity trading volume plunged as the S&P 500 marched to an all-time high, with the five-day average across U.S. exchanges dropping to 9.5 billion shares traded the lowest since October, according to Bloomberg data. Friday was particularly placid, with just 8.7 billion shares moving, the lowest daily total since Christmas Eve.
The lull felt especially abrupt after 13 months of frenzied trading brought the fastest bear market ever and a furious rally not equaled in 90 years. Stuck-at-home traders turned online brokerages into casinos, while vaccine approvals in November sparked more euphoria, spurring investors into stocks they’d shunned for months. Since then, more than $575 billion has poured into the market, exceeding t
Facebook hits record as megacap tech stocks march higher
moneyweb.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneyweb.co.za Daily Mail and Mail on Sunday newspapers.
Facebook Hits Record as Megacap Tech Stocks March Higher
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.